Cal-Maine Foods, Inc., Jackson, Miss., announced plans to acquire substantially all of the assets of Mahard Egg Farm, Prosper, Texas. The assets to be acquired include commercial shell egg production and processing facilities with current capacity for approximately 3.9 million laying hens and permitted capacity for up to 8 million laying hens, a feed mill, pullets and related production facilities in Chillicothe, Texas, and Nebo, Okla., and a distribution warehouse in Gordonville, Texas.
“We are very pleased to announce the acquisition of these assets from Mahard Egg Farm,” says Dolph Baker, chairman and CEO of Cal-Maine Foods. “Cal-Maine Foods already has a market presence in Texas, and with the addition of these facilities located near the major market areas north of Dallas, we have an opportunity to reach more customers in Texas and southern Oklahoma with this additional production capacity. This proposed transaction is commensurate with our strategy to grow our business through selective acquisitions, as well as through expansion of our existing facilities. We look forward to the opportunity to extend our market reach and deliver greater value to both our customers and shareholders.”
Cal-Maine Foods is primarily engaged in the production, grading, packing and sale of fresh shell eggs, including conventional, cage-free, organic and nutritionally-enhanced eggs.