Sanderson Farms to build new feed plant
Poultry producer Sanderson Farms announces a US$126.5 mln investment to construct a new feed mill, hatchery and poultry processing plant in Kinston, N.C.
These facilities will include a state-of-the-art poultry complex with the
capacity to process 1.25 mln birds per week for the retail chill-pack market. At
full production, the complex will require 130 contract growers and will be
equipped to process and sell 6.7 mln pounds (3 mln kg) per week of dressed
poultry meat.
The company said that above the $126.5 mln that it will
invest, associated contract growers will invest another $98 mln.
The
poultry producer said it will start construction this summer and operations will
begin during the fourth quarter of 2009.
Related link: Sanderson
Farms
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