According to the companies, the Longmont, Colo., facility will partner with Sigma Alimentos to produce products under the Longmont brand. No jobs at the facility are expected to be lost as a result of the sale.

According to Sigma Alimento's General Director Mario Paez, the acquisition is part of a strategy to grow the company's processed meat market in Mexico and the Hispanic market in the U.S.

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The sale of the Longmont brand to Sigma Alimentos fits into the company’s overall business strategy, said Butterball. No financial details of the sale were disclosed.