Cal-Maine to Buy Pilgrim’s Pride Egg Operations
Posted/updated on: July 20, 2012 at 2:32 am
JACKSON, MISS. (AP) — Egg producer Cal-Maine Foods says it will buy two Texas plants from Pilgrim’s Pride Corp. Terms were not disclosed. The sale is expected to close in August.
Mississippi-based Cal-Maine says it’s the largest producer and distributor of shell eggs in the United States, doing business in 29 states. Cal-Maine said the two egg plants near Pilgrims’s Pride headquarters in Pittsburg, Texas, will add to Cal-Maine’s Texas business. The plants can hold 1.4 million hens.
Egg production for grocers and food service users has been a sideline for Pilgrim’s Pride, the second-largest U.S. chicken producer behind Tyson Foods. Brazil’s JBS SA owns 75% of Pilgrim’s Pride.
