Cal-Maine Foods Acquires Featherland Farms.


In an October 10th release Cal-Maine Foods (CALM) announced that it has reached a definitive agreement to acquire substantially all of the assets of Featherland Egg Farms, Inc., relating to its commercial shell egg production, processing, distribution and sale business. The assets to be acquired, subject to the completion of this transaction, include commercial egg production and processing facilities with current capacity for approximately 600,000 laying hens, a feed mill, and related production and distribution facilities located near Marion, Texas. The enterprise established in 1952 is located about 30 miles East of San Antonio north of I-10

Commenting on the announcement, Dolph Baker, Chairman and CEO of Cal-Maine Foods, Inc., said, “This transaction is consistent with our strategy to expand our business through selective acquisitions. It is located near many of our other locations and major market areas in south Texas, and we intend to capitalize on specific market opportunities created by this additional production capacity”.