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Perdue to make jobs announcement today at food maker's Catawba Co. plant


Gov. Beverly Perdue will make what her office is calling a "significant" jobs announcement today at 3 p.m. in Catawba County.

Although the governor's office isn't saying what company is involved, the announcement is taking place at a location in Claremont that is home to a Pierre Foods plant.

The Cincinnati company makes pre-cooked meats and ready-to-eat sandwiches that you find in vending machines and at other locations.

Los Angeles private equity company Oaktree Capital Management took control of Pierre Foods in December 2008.

Pierre filed for Chapter 11 bankruptcy protection in July 2008. The company said it was being hurt by the rising cost of raw materials.

Pierre emerged from bankruptcy protection in December 2008.

Pierre recently received a $275 million loan to refinance its debt. The debt was sold to investors.

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