Sanderson Farms: Site for new poultry complex...
Sanderson Farms

Site for new poultry complex announced

Sanderson Farms

Laurel, USA, Mississippi. Sanderson Farms announced that sites located in Smith and Wood Counties, Texas, have been tentatively selected for construction of a new feed mill, hatchery, poultry processing plant and waste water treatment facility, subject to the contingencies discussed below.

These facilities will comprise a state-of-the-art poultry complex with the capacity to process 1.25 mill. birds per week for retail chill pack customers. At full capacity, the complex will employ approximately 1,700 people, will require 80 contract growers, and will be equipped to process and sell approximately 375 mill. pounds of dressed poultry meat annually at full production.

Sanderson Farms expects to invest approximately $200 mill. in the new Texas complex and anticipates that associated contract growers will invest an additional $135 mill. in poultry production facilities. The Company expects to begin construction of the facilities during summer 2017, with initial operations of the new complex to begin during the first fiscal quarter of 2019.

Commencement of construction of the new complex is subject to completion of tax abatement and incentive agreements with public subdivisions and the state of Texas and obtaining final required permits from appropriate agencies.

Source: Sanderson Farms




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