Industrias Bachoco S.A.B. de C.V., Mexico's leading producer and processor of poultry and other food products, announced that the company reached an agreement to acquire O.K. Industries Inc., a privately owned poultry company.
Founded in 1933, O.K. Industries has grown from a local, balanced feed company into one of the largest vertically-integrated poultry companies in the United States. Headquartered in Fort Smith, Ark., O.K. operates facilities across the River Valley area in Arkansas and Oklahoma, processing 2.5 million chickens per week, with total annual sales of approximately US$ 600 million. O.K. supplies grocery retailers, foodservice distributors and commodity customers in all U.S. as well as foreign markets.