Cal-Maine Foods, Inc. Agrees to Acquire Hudson Brothers, Inc.JACKSON, Miss.--(BUSINESS WIRE)--April 7, 1999--Cal-Maine Foods, Inc. (Nasdaq/NM:CALM) today announced that it has entered into a stock purchase agreement to acquire all of the outstanding stock of Hudson Brothers, Inc. of Guthrie, Kentucky Guthrie is a city in Todd County, Kentucky, United States. The population was 1,469 at the 2000 census. The city is named for James Guthrie, president of the Louisville and Nashville Railroad when the city was incorporated in 1867. , a commercial producer, processor and marketer of shell eggs. Terms of the agreement were not disclosed. The Hudson operations have capacity for approximately 1.2 million laying hens. Most of its egg production and processing operations employ a modern, in-line design. The Hudson operations also include company-owned pullet pullet young, female fowl from heat-weaning at about 4 weeks of age, up to point of lay at about 5 months. In some circles the first laying season is referred to as the pullet year. pullet disease see visceral gout. growing facilities, a feed mill, grain elevator grain elevator Storage building for grain, usually a tall frame, metal, or concrete structure with a compartmented interior; also, the device for loading grain into a building. and drier. Its eggs are marketed primarily in Kentucky and Tennessee, as well as surrounding states. Commenting on the announcement, Fred Adams Fred Adams is an American astrophysicist who has made contributions to the study of physical cosmology. Biography Fred Adams is professor of physics at the University of Michigan, where his main field of research is astrophysics theory focusing on star formation, , Jr., Cal-Maine chairman and chief executive officer, said, "Cal-Maine Foods is pleased with the Hue production, cleaning, grading, packing and saward-looking statements as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements are subject to risks and uncertainties (contained in the Company's SEC filings) which could cause actual results to differ materially from those projected. SEC filings may be obtained from the SEC or by contacting the Company. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion