PITTSBURG, Texas – Pilgrim’s Pride Corp. announced Monday that it will idle a processing plant in Clinton, Ark. and a further processing plant in Bossier City, La.
The company said that both actions are part of Pilgrim’s effort to operate more efficiently and counteract high feed costs and low chicken prices.
When completed, the idling of the
Pilgrim’s said the move will eliminate about 600 positions. The company will provide transition assistance to employees affected by the idling.
"Over the past six months, Pilgrim's Pride has taken a number of proactive steps to strengthen our competitive position amid a very difficult operating environment," said Clint Rivers, president and CEO. "These steps include the production cutbacks for the second half of fiscal 2008, the closure of a plant in
Source: Pilgrim’s Pride Corp.