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Article: Sanderson Farms hatches big plan for Peach State: multi-million dollar expansion into Georgia begins next phase of growth.(Public Companies)
- Article from:
- The Mississippi Business Journal
- Article date:
- June 21, 2004
- Author:
CopyrightCOPYRIGHT 2004 Dolan Media Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LAUREL -- South Georgians are praising poultry processor Sanderson Farms (Nasdaq: SAFM). After deciding to expand its chicken production operation into the Peach State, the Laurel-based company announced a $96-million expansion last month, which will create an estimated 1,700 jobs.
"Tire dealers will sell more tires, car dealers will sell more cars, grocery stores will sell more groceries, and I expect land values will go up as a result of all the money that will be circulating Colquitt County," said Jimmy Jeter, chairman of the Moultrie-Colquitt County Economic Development Authority.
Sanderson Farms' banner news comes on the heels of another record ...