Mississippi Business Journal » food processing

Cal-Maine’s profits soar; Baker replacing Adams as chairman

Associated Press — Mon, 30 Jul 2012 15:17:14 +0000

JACKSON — Egg producer Cal-Maine Foods says its net income grew more than five-fold in its fiscal fourth quarter as it produced and sold more eggs in the period on stronger consumer demand and got a lift from a one-time gain related to a joint venture. Cal-Maine said its average selling price rose 9.7 percent [...]

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Cal-Maine Foods buying facilities in Texas from Pilgrim’s Pride

MBJ Staff — Thu, 19 Jul 2012 11:28:07 +0000

JACKSON — Cal-Maine Foods Inc. has reached an agreement to acquire the commercial egg operations of Pilgrim’s Pride Corporation. Terms were not disclosed. The assets to be purchased by Cal-Maine include two production complexes with capacity for approximately 1.4 million laying hens and adjacent land located near Pittsburg, Texas. The company expects to close the [...]

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Tyson, Urban League partner to fight ‘food insecurity’

MBJ Staff — Fri, 22 Jun 2012 15:41:27 +0000

ADAMS COUNTY and WARREN COUNTY — Tyson Foods, in partnership with the National Urban League, has launched a grassroots, community-based hunger awareness and relief program that will provide resources to Mississippi citizens impacted by food insecurity. Dubbed the Urban League-Tyson Foods Hunger Project Mississippi, Tyson and the League are targeting the state because it has [...]

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Sanderson Farms gets back in black

MBJ Staff — Tue, 29 May 2012 19:35:50 +0000

LAUREL — Sanderson Farms Inc. has reported results for its second fiscal quarter and six months ended April 30, 2012. Net sales for the second quarter were $595.0 million, compared with $479.3 million for the same period a year ago. Net income was $23.9 million, or $1.04 per share, compared with a net loss of $16.3 million, or $0.74 per [...]

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City joins county in offering land for peanut-processing plant

Associated Press — Thu, 08 Mar 2012 16:07:43 +0000

GREENWOOD — The city of Greenwood has joined Leflore County in agreeing to sell 30 acres in the Greenwood-Leflore Industrial Park at $5,000 per acre to a peanut processor. The Greenwood Commonwealth reports the city council acted Tuesday on the sale of 30 acres to the Clint Williams Co. of Madill, Okla. The company has [...]

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County selling land to Oklahoma-based peanut processor

Associated Press — Wed, 07 Mar 2012 16:04:33 +0000

LEFLORE COUNTY — Leflore County has agreed to sell 30 acres in the Industrial Park at $5,000 per acre to the peanut processor Clint Williams Co. The Greenwood Commonwealth reports the board of supervisors decided to use the money to pay part of Atmos Energy’s cost of installing a pipeline to the site. The company [...]

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Sanderson sees better quarter, but still loses $8M

MBJ Staff — Tue, 28 Feb 2012 13:51:16 +0000

LAUREL — Sanderson Farms Inc., for the first fiscal quarter ended Jan. 31, saw net sales of $517.8 million compared with $427.7 million for the same period a year ago. For the quarter, the poultry company had a net loss of $8.0 million, or $0.36 per share, compared with a net loss of $33.6 million, or [...]

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Hood wants documents on failed beef plant

Associated Press — Mon, 10 Oct 2011 16:53:52 +0000

JACKSON — Mississippi Attorney General Jim Hood has asked a federal court to turn over grand jury records from the U.S. government’s investigation into the now-defunct beef plant as he prepares for a civil lawsuit. The beef plant opened in Oakland in August 2004 but lasted less than three months. In January 2005, the operator [...]

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Allens expansion good for sweet potato growers

Wally Northway — Wed, 30 Jun 2010 10:38:45 +0000

SILOAM SPRINGS, Ark. — Allens Inc., the largest privately held vegetable company in the U.S., announced upcoming expansions in Van Buren, Ark., and Oakfield, N.Y., and a new plant acquisition in Ft. Worth, Texas. The Texas acquisition provides a platform to continue to aggressively grow canned business in Texas, the Southwest and West. The Arkansas [...]

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Sanderson Farms plans to build new plant

Wally Northway — Tue, 30 Mar 2010 11:53:01 +0000

LAUREL — Sanderson Farms Inc. has made public plans to locate a potential new poultry complex near Goldsboro, N.C. The construction of the new complex is subject to various contingencies, including obtaining satisfactory state and local incentives, locating suitable property, obtaining necessary permits and the approval of the company’s lenders of an amendment to its [...]

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