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Chicken Processor Pilgrim ‘S plans to build a $ 400 million plant in northwestern Georgia as consumer demand for protein reaches a fever.
Lafayette’s facilities will produce completely cooked chicken products and expand brand production, including Bare, Pilgrim’s and Gold Kist. According to the statement of the Georgia Governor’s office, the factory will support up to 630 new jobs.
Pilgrim’s CEO Fabio Sandri said in a statement that “expanding the pilgrim’s footprints in Georgia will emphasize our continuous commitment to the long -term growth strategy of the region and the company.” This significant investment will allow additional growth of the prepared food business. We support the increase in demand for retail and food service channels. “
The construction of a pilgrimage plant will begin this fall, and the first step will be completed in 2027.
Pilgrim’s S, owned by Brazilian meat giant JBS, gained profits as consumers turned chicken more about protein content and economics compared to other meats. The first quarter profit margin reached 14.8%.
The company said that through the increase in distribution of retail and food service channels, the brand has moved to increase the market position in the import statement to increase the market position using the ARE brand.
According to the National Chicken Council, US poultry demand has exploded in recent years, replacing significant amounts of red consumption. Americans are expected to eat 104.1 pounds of chicken next year compared to 109 pounds of red next year, and the closest margin between the two categories since the trace began in 1960.
