020248 Pilgrim's Pride to Close Chicken PlantFebruary 16, 2002Pittsburg, TX - Pilgrim's Pride Corporation will consolidate production volumes from its Alma, Virginia, chicken processing plant into two of the company's other area complexes over the next several months. The plant closing will not have a material financial impact on the Company's financial results. “This change is being made in order to improve operating efficiencies and reduce costs in the Company's Eastern Division chicken operations. The consolidation will result in production volumes from the Company's existing plant in Alma, Virginia being consolidated into the Company's chicken processing complexes in Broadway, Virginia, and Moorefield, West Virginia,” stated David Van Hoose the Company's Chief Executive Officer, President and Chief Operating Officer. Pilgrim's Pride Corporation is the second largest poultry producer in the United States -- the third largest in chicken and fifth largest in turkey -- and is the second largest chicken company in Mexico. Pilgrim's Pride employs more than 24,500 persons and operates processing and further processing plants, distribution centers, hatcheries and feed mills in Texas, Arkansas, Arizona, North Carolina, Pennsylvania, Oklahoma, Virginia, West Virginia and Mexico.
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