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Pilgrim's Invests in New Food Production Facility
Pilgrim’s is investing $400 million in a new multi-phase prepared foods facility in LaFayette, Georgia, which is expected to create more than 630 new jobs once it is completed.
The company currently operates seven food production facilities, along with supporting infrastructure such as feed mills and hatcheries.
The new facility will produce a variety of fully cooked chicken products, further expanding Pilgrim’s prepared foods business.
Construction is set to begin this fall, with hiring anticipated to start in 2027.
“This significant investment will...
Princes Acquires Historic Liverpool Building as New UK Headquarters
Yesterday, leading UK food and drink company Princes announced its purchase of the historic, Grade-I listed Royal Liver Building (RLB) in Liverpool, England for £60 million (USD $70.33 million).
According to the company, the acquisition is part of Princes’ broader £83 million (USD $97.29 million) real estate plan, which includes the purchase of Symington’s Cross Green facility in Leeds, England, for £23 million (USD $26.96 million). Also, acquiring the Cross Green site will further embed Symington’s business, which Princes already manages and operates, into...
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