November 12, 2012

Peco Foods announces processing plant expansion in Arkansas

Peco Foods announced plans to build an expansion onto an existing feed mill and processing plant, both of which are located in Arkansas.

Because of their high-volume and overall demand, Peco Foods is going all out with this latest expansion with early estimates placing it in the ballpark of roughly US$13.8 million. While this may seem like a pretty steep price tag for just an expansion, the company believes it will greatly increase productivity; therefore, leading to greater profits.

With headquarters based in Alabama, many people are surprised to learn that Peco Foods currently ranks in the top 10 largest poultry processors in the US. Each week, they process over four million chickens, which translates into roughly 22 million pounds of meat.

Peco Foods has been in the poultry business for roughly 60 years, providing consumers with dozens of various products. As stated above, there are two new expansions planned for Peco Foods - a feed mill and processing plant. The feed mill will be located in Newark, Arkansas, while the processing plant will be located in Batesville, Arkansas. The company expects the expansions to take over a year to complete, but hope it will bring in hundreds of new jobs for Arkansas residents.

Peco Foods expansion will receive US$485,000 from the Arkansas Economic Development Commission and US$175,000 from Independence County Economic Development.