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Sanderson revives Kinston chicken plant

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Sanderson Farms is reviving plans to build a $121.4 million chicken-processing plant in Kinston, giving an economic boost to Lenoir County.

The Mississippi company had postponed plans for the plant in June 2008 amid soaring feed and fuel costs.

The complex will include a new feed mill, poultry processing plant and hatchery. It's expected to employ 1,500 people, require 130 contract growers and process 1.25 million birds a week. Construction is expected to start later this summer.

"We are pleased that better overall market conditions, our financial performance and a strong balance sheet have put us in a position to continue to grow our company," said CEO Joe F. Sanderson Jr.

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nice!! :)

striation

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About the blogger

Assistant Business Editor Alan M. Wolf joined the N&O in 1999 covering the business of health care. He became an editor in 2001, and helps oversee the paper's daily business coverage and Sunday Work&Money section. He lives in Clayton with his wife and two children. Reach him at 919-829-4572 or e-mail him.
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