Sanderson Farms CEO Joe Sanderson Jr. said his company is still committed to coming to Kinston, N.C., despite a delay in the company's construction plans for the area, according to a recent company webcast.
The poultry company is scheduled to receive nearly $9 million in economic incentives over the next 11 years from Kinston and Lenoir County, according to a report in The Free Press. The city and county agreed to provide the incentive grants in exchange for a total investment of $126.5 million in three sites, which are projected to create 1,650 poultry jobs, said the report.
“With or without the incentives, we will still go ahead with the project,” Sanderson said. “'We are grateful they are providing (the incentives), but if they become no longer available, it's not going to keep the project from moving forward.”The company announced last summer that its construction schedule for a new poultry processing plant in Kinston was on hold. Company officials cited high corn and soybean feed grain prices for animals as a reason for the delay.