Now that it has exited bankruptcy, chicken processing giant Pilgrim's Pride Corp. plans to eliminate about 230 corporate and administrative positions during the first phase of its integration with Brazilian meat company JBS SA.
Poultry giant Pilgrim's Pride Corporation, Pittsburg, Texas, said the company and six of its subsidiaries emerged from Chapter 11 bankruptcy protection after a 13-month restructuring.
Private label and contract foods processor Overhill Farms, Inc., Los Angeles, today reported net revenues of $209.9 million for the fiscal year ended September 27, 2009.
Extreme environments demand extreme solutions. That's why Raymond
Corp., Greene, N.Y., says it developed an Extreme Environment Corrosion
Package (EECP) for three popular lift trucks used in food plants
(including poultry,meat and fish) and cold storage facilities.
Tyson Foods Inc. Chairman John Tyson today said the company's board of directors selected Donnie Smith as the meat and poultry company's president and chief executive officer, effectively immediately.
Martha Stewart Living Omnimedia, Inc., New York, N.Y., said it will partner with The Hain Celestial Group, Inc. and its affiliate Hain Pure Protein Corporation to introduce a new Martha Stewart-branded food line at retail.
Poultry giant Pilgrim's Pride Corporation, Pittsburg, Texas, and several of its subsidiaries will file a joint plan of reorganization and disclosure statement under Chapter 11 of the Bankruptcy Code.
With retailers holding ready-to-eat meat and poultry processors to
relatively defined price levels, the only way to effectively increase
profit margins is to lower production cost without sacrificing food
quality or safety.
A Wall Street Journal article says Brazilian processor JBS SA, parent company of JBS Swift, is about to pay $2 billion to acquire poultry giant Pilgrim’s Pride Corp.