Cal-Maine Foods, Inc. Announces Agreement to Buy Remaining Ownership Interest in Green Forest Foods.JACKSON, Miss. -- Cal-Maine Foods, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CALM) today announced that it has signed an agreement to buy the 50 percent interest in Green Forest Foods, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , owned by Pier 44 Properties, LLC. Green Forest Foods, LLC, located in Green Forest, Arkansas Green Forest is a city in Carroll County, Arkansas, United States. The population was 2,717 at the 2000 census. Geography Green Forest is located at (36.334924, -93.432655)GR1. , has been jointly owned and operated by Pier 44 Properties, LLC and Cal-Maine Foods, Inc. since January 2006. Effective January 27, 2007, Cal-Maine Foods will become the sole owner and operator of Green Forest Foods. Green Forest Foods produces, processes, and markets eggs from approximately one million laying hens, along with 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 for replacements. The eggs are marketed to retail food stores and food service distributors in the south central region of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Fred Adams, chairman and chief executive officer of Cal-Maine Foods, Inc., stated, "We are pleased to announce our new ownership of Green Forest Foods. Over the past year, we have continued to develop this egg operation, enhancing our ability to serve our customers in the south central United States The South Central United States, South Central states, or Midsouth is a region of the United States located in the south central part of the country. It evolved out of the archaic southwest, which originally was literally the western U.S. South. . This is an important market for the Company and we look forward to the additional growth opportunities for Cal-Maine." Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packing and sale of fresh shell eggs. The Company, which is headquartered in Jackson, Mississippi, currently is the largest producer and distributor of fresh shell eggs in the United States and sells the majority of its shell eggs in approximately 30 states across the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States. Statements contained in this press release that are not historical facts are forward-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) that could cause actual results to differ materially from those projected. SEC filings may be obtained from the SEC or by contacting the Company. |
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