Home » Tag Archives: poultry (page 3)

Tag Archives: poultry

Sales, net income rise at Sanderson Farms

LAUREL — Sanderson Farms Inc. has reported results for the fourth quarter and fiscal year ended Oct. 31, 2013. Net sales for the fourth quarter of fiscal 2013 were $727.1 million compared with $648.4 million for the same period a year ago. For the quarter, the Company reported net income of $45.3 million, or $1.97 per share, compared with net income of ...

Read More »

SANDERSON FARMS —From family business to major corporation

  Sanderson Farms was originally incorporated as a feed and seed store in the year 1955. From that beginning, the company has grown to be a $2.5-billion corporation. It is the third largest vertically integrated poultry processing company in the United States, producing over three billion pounds of processed poultry annually. That’s a lot of chickens in anybody’s book. The ...

Read More »

Sanderson gets new, increased credit for future growth

LAUREL — Sanderson Farms Inc.’s existing revolving credit facility through a consortium of banks has been increased from $500 million to $600 million. The credit remains unsecured and certain covenants related to the poultry company’s financial condition and capital expenditure needs have been amended in anticipation of Sanderson’s future growth plans. In addition, the termination date has been extended to ...

Read More »

Poultry show returns to Fair after three-decade absence

While there is little doubt about the Mississippi State Fair’s popularity — it set a new attendance record this year — some purists have found the fair too carnival-like, and wished that it offered more traditional agriculture-related offerings. Well, they have to feel better now. After a 30-year absence, the 4-H poultry livestock show returned with great fanfare to the ...

Read More »

Fire erupts at poultry plant; no injuries reported

FLOWOOD — No injuries have been reported in an early Friday fire at the Sanderson Farms poultry plant in Flowood. Flowood Fire Department Lt. Brian Grantham says about 16 employees were inside the building at the time, though no one was in the boiler room where the fire started. The room is used for heating cooking oil to cook the ...

Read More »

Wayne Farms expanding in Laurel, adding 150 jobs

LAUREL, Mississippi — Gov. Phil Bryant and officials from Wayne Farms, producer of fresh and processed poultry, announced today the company is expanding its operations in Laurel. The expansion involves the addition of a new processing line and the renovation of the company’s existing facility. The project represents a company investment of $3 million and is creating 150 new jobs. ...

Read More »

Business community has questions about proposed highway tax

JACKSON — Business groups still aren’t ready to raise Mississippi’s taxes to repair and build highways and bridges. In August, Senate Transportation Committee Chairman Willie Simmons, D-Cleveland, proposed a $700 million menu of taxes and asked other members of a study committee examining road needs to offer their own alternative revenue and spending plans. Highway officials say the state needs ...

Read More »

Sanderson Farms promotes Hilary Burroughs

Hilary Burroughs of Laurel-based Sanderson Farms Inc. has recently joined the statewide board of directors of the Mississippi Main Street Association. Burroughs is manager of marketing at Sanderson. She serves on the company’s Corporate Responsibility Council, the Wage & Salary Committee and is a participant in the company’s Leadership for Effectiveness program. Recently, Burroughs managed the company’s participation as title ...

Read More »

Man gets probation, fine for role in frozen chicken case

OCEAN SPRINGS — A man charged with falsifying temperatures of poultry exported from Pascagoula to Russia has been sentenced to three years on probation and a $2,000 fine. Terry White of Ocean Springs was indicted in the case along with two others, Gerald Miller of Gautier and Patrick McClain of Pascagoula. White pleaded guilty in the case. The others were ...

Read More »

Hearing set for this month in poultry export conspiracy case

GULFPORT — A sentencing hearing is scheduled for Aug. 19 for a man who pleaded guilty in an alleged conspiracy to falsify the temperatures of chicken exported from Mississippi to Russia. An April 2012 indictment says Terry White and two others arranged the export of chicken that did not meet temperature requirements under a trade agreement with Russia. The men ...

Read More »