Mountaire Farms announced the company has entered into an agreement to acquire the former Townsend processing plant and an adjoining property in Siler City, North Carolina.
The poultry producer, which slaughtered nearly 337 million birds in 2015 according to WATT"s Top Poultry Companies database, will begin work to expand its capacity at the plant immediately, renovating and updating the current Siler City facility. This expansion is expected to add more than 500 jobs and provide a significant contribution to the local economy.
According to Paul Downes, president and CEO: “Mountaire Farms has a long tradition of producing high-quality poultry products for our domestic and international customers. The increasing demand for our products requires us to expand our production, and we believe North Carolina is the perfect place for that growth. Mountaire has a deep rooted commitment to quality, service and value, and we look forward to growing our business in North Carolina and strengthening the ties we have with the local communities.”
The aquisition allows Mountaire to expand its newly acquired Hatchery in Siler City, North Carolina, as well, and the company is currently looking for a suitable location to build a feed mill.
“Mountaire supplies products to market distribution channels in retail, wholesale, food service and export. The demand for our products requires organized and planned growth, and we believe this is a great opportunity to better service our customers,” Phillip Plylar, Mountaire’s executive vice president of sales and operations, added.