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Company Overview
One Butterball Lane
United States
Butterball LLC is a vertically integrated turkey company based in Garner, North Carolina. It is one of the largest producers of turkey products in the world. Along with the U.S., Butterball products are distributed in more than 45 countries. Butterball operates processing plants in North Carolina, Arkansas, Illinois and Missouri. It employs 7,323 people. The company is owned by Seaboard Corp. of Merriam, Kansas, and Goldsboro Milling Co. of Goldsboro, North Carolina.
Butterball slaughtered an estimated 1.06 billion pounds of live turkeys in 2023, an increase from 1 billion pounds in 2022. Company brands are Butterball, Carolina Turkeys, Just Perfect and Farm to Family.
In February 2023, Seaboard Corp. reported that after operating at a loss during the 2020 and 2021 fiscal years, Butterball was profitable in 2022. Seaboard Corp. reported $103 million in income from Butterball for fiscal 2022.
In April 2023, Butterball announced that Art Lankford joined the organization as vice president of operations. Lankford has previously held roles at Pilgrim’s Pride, ConAgra, Cargill and Tyson Foods.
In May 2023, Seaboard Corp. reported $25 million in income from Butterball for the first quarter of fiscal year 2023, up from the $16 million in income from the same three-month period in 2022.
In June 2023, Butterball announced it was entering a joint agreement with Darling Ingredients to explore the possibility of building a new poultry rendering plant on land adjacent to Butterball’s turkey plant in Mount Olive, North Carolina. The potential rendering facility is anticipated to process approximately 18 million pounds of material on a weekly basis and have three processing lines. In a quarterly earnings call in August 2023, Darling CEO Randall C. Stuewe said the plant would not be running until at least 2025.
Butterball slaughtered an estimated 1.06 billion pounds of live turkeys in 2023, an increase from 1 billion pounds in 2022. Company brands are Butterball, Carolina Turkeys, Just Perfect and Farm to Family.
In February 2023, Seaboard Corp. reported that after operating at a loss during the 2020 and 2021 fiscal years, Butterball was profitable in 2022. Seaboard Corp. reported $103 million in income from Butterball for fiscal 2022.
In April 2023, Butterball announced that Art Lankford joined the organization as vice president of operations. Lankford has previously held roles at Pilgrim’s Pride, ConAgra, Cargill and Tyson Foods.
In May 2023, Seaboard Corp. reported $25 million in income from Butterball for the first quarter of fiscal year 2023, up from the $16 million in income from the same three-month period in 2022.
In June 2023, Butterball announced it was entering a joint agreement with Darling Ingredients to explore the possibility of building a new poultry rendering plant on land adjacent to Butterball’s turkey plant in Mount Olive, North Carolina. The potential rendering facility is anticipated to process approximately 18 million pounds of material on a weekly basis and have three processing lines. In a quarterly earnings call in August 2023, Darling CEO Randall C. Stuewe said the plant would not be running until at least 2025.
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