Pilgrim's Pride to spend $25M in Alabama

|About: Pilgrim's Pride Corporation (PPC)|By:, SA News Editor

Pilgrim's Pride (PPC -1.2%) will invest $25M in Alabama via a new feed mill and a $10M renovation of a poultry processing facility.

Executive VP Jayson Penn knows how to make spending $25M sound unequivocally good: "This significant investment is consistent with our strategy of relentless pursuit of operational excellence and will improve our efficiencies, cost structure and competitiveness, while creating a safer work environment for our employees." (PR)

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