February 18, 2013

Sanderson Farms plans to establish plant in Texas

Sanderson Farms, Inc. plans to build a poultry processing complex which will consist of a feed mill, hatchery, poultry processing plant and waste water facility, all located in and near Palestine, Texas.

This facility will complement the Company's existing operations located in Bryan and Waco, Texas.

Joe Sanderson Jr., chairman and chief executive officer said, "The state of Texas has been an outstanding place for Sanderson Farms to do business. We look forward to the new marketing opportunities the new facility will create for us in this important region. However, construction of the new facility remains on hold until we have better visibility on future prices and availability of grain, and is subject to other contingencies including obtaining necessary permits, negotiating construction contracts, completing construction and obtaining board approval to move forward with the project."

This past November, the company ended its efforts to build a poultry processing complex in Nash County, N.C. The company said it decided against moving forward with the project due to legal challenges that may have delayed construction.