021001 Wayne Farms Acquires Sylvest Farms of Ga.October 1, 2002Oakwood, GA - Wayne Farms LLC, the nation's sixth-largest vertically integrated poultry processing company and a wholly owned subsidiary of ContiGroup Cos. Inc., has purchased Sylvest Farms of Georgia Inc.'s further processing poultry facility in College Park, Ga. The acquisition expands Wayne Farms' capacity for producing value-added further-processed poultry. Terms of the acquisition were not disclosed. The 84,360-square foot facility produces a variety of fresh and further-processed poultry products. The plant will augment Wayne Farms' 12 processing facilities in six southern states employing more than 10,000 people. Wayne Farms processes more than 1.3 billion pounds of poultry annually, serving businesses in the food service, institutional and consumer markets, including leading national food brands and restaurant chains. "This strategic acquisition will further enhance our ability to serve our customers while introducing new customers to Wayne Farms," said Wayne Farms CEO and President Elton Maddox. Montgomery, Ala.-based Sylvest Farms Inc. will continue operations at its processing facilities in Montgomery and Sylacauga, Ala.
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