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Article: Sanderson Farms hatches big plan for Peach State
- Article from:
- The Mississippi Business Journal
- Article date:
- June 21, 2004
- Author:
CopyrightCopyright Mississippi Business Journal Jun 21, 2004. Provided by ProQuest LLC. (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 Laurelbased 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 year. Ranked among the top seven poultry ...