Caviness Beef Packers, a third-generation family beef packing company based in Hereford, Texas, has announced that it has agreed to purchase the assets of San Angelo Packing Co. San Angelo Packing had announced in March that it would shut down because it was no longer able to obtain the sufficient number of cattle to continue operating, reports the San Angelo Standard-Times.
“We are excited about the opportunity to grow our beef business,” Caviness Beef Packing said in a statement. “The Stokes family has built a solid organization with a firm foundation that complements our existing business. Furthermore, we look forward to working with Jerrod Stokes and his existing management and becoming an integral part of the vibrant San Angelo, TX, community.”
Caviness President Trevor Caviness told the Standard-Times that the staffing levels will be restored when the plant reopens and that the former employees at San Angelo Packing will be able to re-apply for their jobs in an open application process. He said that the plant, to be renamed Caviness Beef Packers San Angelo, will be able to find enough cattle to keep the operation running profitably.
“We feel like we have a strong procurement department, and we have a belief in resiliency of ranchers in entire Southwest. We feel like we can do a good job of keeping plant running,” he said.
The acquisition will give Caviness Packing three processing locations, with the locations in San Angelo and Hereford and a ground beef plant in Amarillo.
“From a beef marketing standpoint, we’ll have more volume and a variety of products to offer regional foodservice and retail customers. The San Angelo Packing finished product offerings will fit nicely without our existing family of Caviness Brands,” the company added.
Source: Caviness Beef Packers via North American Meat Association, San Angelo Standard-Times