Cal-Maine Foods, Inc. Completes Purchase of Hudson Brothers, Inc.JACKSON, Miss.--(BUSINESS WIRE)--June 1, 1999-- Cal-Maine Foods, Inc. (Nasdaq/NM:CALM) today announced that it completed the purchase of the egg operations of Hudson Brothers, Inc. in 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. , on May 28, 1999. The purchase was a cash transaction that included approximately 1.2 million laying hens and 250,000 growing pullets. The assets purchased included modern, in-line housing for the layers, new 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 modern feed mill and 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 delivery equipment for feed and eggs. 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., Chairman and Chief Executive Officer, stated, "The Hudson operation will be one of our most efficient facilities, allowing us to provide better, more efficient service to our customers in the region." Adams added that he anticipates that all of the Hudson management and hourly employees will be retained as Cal-Maine employees. Cal-Maine Foods, Inc. is primarily engaged in the production, cleaning, grading, packing and sale of fresh shell eggs. The Company, which is headquartered in Jackson, Mississippi Jackson is the capital and the most populous city of the U.S. State of Mississippi. It is one of the county seats of Hinds County; Raymond is the other county seat. As of the 2000 census Jackson's population was 184,256. , 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 26 states across the southwestern, southeastern, midwestern and mid-Atlantic regions of the United States. Statements contained in this press release which 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) which 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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