Koch Foods plans to expand a Pine Mountain Valley, Ga., poultry processing facility with hopes of adding more than 750 new employees. They will join about 700 people already working there.
Park Ridge, Ill.-based Koch Foods , with an assist from Georgia Gov. Nathan Deal's office, said its investment to add new processing lines will amount to $49 million.
Koch's subsidiary, JCG Foods LLC, bought the factory out of bankruptcy in 2012 from Cagle's Inc. The deal for the Cagle's property and assets was reportedly in the range of $93 million. Koch retained the 350 employees remaining on the Cagle's payroll at the time of the bankruptcy acquisition, then ramped up processing, adding 350 more workers.
Tommy Knight, vice president of Koch Foods' western division, noted in a statement on March 28 the cooperation his company received in lining up the expansion.
"The attitude displayed by the people who helped us along the way affirms our commitment to invest in this community and continue the relationships that we have developed," he said.
It is not clear when the expansion project will begin.