Premium Iowa Pork buys shuttered Minnesota poultry plant
Premium Iowa Pork has acquired a closed poultry processing plant in Southwest Minnesota, intending to convert it into a pork plant. The company hopes to hire up to 325 full-time employees and process up to 2,200 antibiotic-free hogs per day, reports TwinCities.com.
The facility was formerly operated by GNP Co., which is owned by Pilgrim’s, which is owned by JBS SA. It was closed in December 2017. The Luverne City Council is expected to approve the deal July 10. Premium Iowa Pork will spend approximately $25 million to convert the building to a pork processing plant with the intent to begin production in 2019.