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Tag Archives: Sanderson Farms

Sanderson Farms fiscal performance takes hit from wobbly market

Sanderson-Farms

By JACK WEATHERLY The outbreak of avian flu and other factors cut deeply into Sanderson Farms’ profits in the third fiscal quarter, the Laurel-based poultry producer and processor  said in a release on Tuesday. Net sales were $740 million for the fiscal third quarter, down from $768 million a year earlier. Net income fell  to $50.9 million, or $2.27 a ...

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Sanderson exec named to Fed board

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MBJ staff Lampkin Butts, president and chief operating officer of Sanderson Farms Inc., has been appointed to the board of directors of the Federal Reserve Bank of Atlanta’s New Orleans Branch. Butts’ term ends Dec. 31, 2017. He is filling an unexpired term. Butts has served as president and chief operating officer of Sanderson Farms since 2004. He has been ...

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With $200M available, next step is setting emergency bridge fix priorities

By TED CARTER Millions of dollars will soon be on the way to the Mississippi Department of Transportation for a triage effort to repair state bridges that have been neglected to the point farmers and other commercial transporters can no longer use them. MDOT’s three district commissioners must set the priorities for the repairs and spending of the $200 million legislators ...

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Sanderson taps Brett Montague

Brett Montague has recently been promoted to Training Manager at Sanderson Farms, Inc. Montague, a former member of the company’s Corporate Trainee Program, will now be responsible for designing training curriculum, as well as implementing and facilitating training programs intended to increase management and employee effectiveness. He will also be responsible for recruiting and developing Beginning Trainees to become successful ...

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Cumberland County North Carolina votes 4-3 to offer Sanderson Farms incentives

Associated Press / Fayetteville Observer CUMBERLAND COUNTY, North Carolina — Cumberland County commissioners voted 4-3 Monday night to offer incentives to Sanderson Farms, a poultry processing giant that once considered Fayetteville for a $95 million plant. The Mississippi-based company could have its pick of the litter if “Project Apple,” an unnamed venture approved Monday night by officials in St. Pauls ...

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Cumberland to vote on incentives for Sanderson Farms plant

FAYETTEVILLE, N.C. — The Cumberland County Board of Commissioners is voting on an incentives package for a $95 million chicken processing plant, but they may be too late. The Fayetteville Observer reports commissioners are scheduled to vote Monday night on whether to approve $2.5 million in incentives for a Sanderson Farms’ plant. But officials in Robeson County and St. Pauls ...

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Race to the pump: Feds appear ready to beat state on new gas taxes

The chairman of the Senate Transportation Committee says it seems Congress is about to pre-empt Mississippi’s  opportunity to take advantage of plummeting gasoline prices by enacting new motor fuels taxes. While Mississippi legislators wait for a late 2015 completion of a private-sector study on state transportation infrastructure needs and how to pay for them, Congress is poised to act this ...

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North Carolina officials may revisit Sanderson Farms plant incentives

FAYETTEVILLE, N.C. — Cumberland County officials may reconsider tax breaks and other sweeteners for a proposed poultry plan that could employ 1,000 workers. The Fayetteville Observer reported that Cumberland County commissioners may vote Tuesday to set a public hearing on an incentives package for the Sanderson Farms plant. The Mississippi-based company told economic development officials last week that it is ...

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Survey of business & political leaders shows dismal assessment of roads, bridges

Electronic voting by about 150 business and political leaders Thursday showed that eight out of 10 of those surveyed rank repairs and maintenance of Mississippi’s highways and bridges above all other transportation infrastructure needs. Roads and bridge repairs and upkeep won out over such pursuits as expanding the state’s highway system and upgrading airports and seaports. A capacity crowd on ...

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Mississippi poultry industry's hub system behind today's success

To understand how Mississippi’s poultry industry has advanced to become the state’s top agricultural money maker, think of the hub system the airlines use, says Mark Leggett, Mississippi Poultry Association president. Developed during the 1960s and ’70s, the hub system, or what the industry calls vertical integration, ended segmentation of the industry and ensured a way to meet consumer demand ...

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