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SANDERSON FARMS, INC. ANNOUNCES OPENING OF TEXAS POULTRY COMPLEX.

LAUREL, Miss.--(BUSINESS WIRE)--March 3, 1997--Sanderson Farms, Inc. (NNM:SAFM), today announced the opening of its new, state-of-the-art poultry complex in Texas. The $68 million complex includes a feed mill in Robertson County and a hatchery and processing plant in Brazos County, Texas. Today the facility begins processing 150,000 birds per week and will gradually increase production to its full first shift capacity of 650,000 birds per week by Labor Day. The Company indicated that it has commitments with a sufficient number of contract growers to support its full first shift capacity.

"We are pleased to announce the opening of this outstanding complex on schedule and within budget," said Joe F. Sanderson, Jr., President and Chief Executive Officer of Sanderson Farms. "We have recruited an excellent management team, work force and grower base to support the operation. We also are grateful for the warm reception we have received in Texas and look forward to expanding our presence in this large and growing market."

The Company also reported that full operations resumed at its McComb, Mississippi, poultry processing plant on February 17, following a previously reported fire that broke out on January 28. Final damage costs are not yet fully available, but it is anticipated that property insurance will cover all required repairs, as well as any losses due to business interruption.

Sanderson Farms, Inc., headquartered in Laurel, Mississippi, is engaged in the production, processing, marketing and distribution of fresh and frozen chicken and other prepared food items.

CONTACT: Sanderson Farms Inc.

D. Michael Cockrell, 601/649-4030
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Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 3, 1997
Words:259
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