Plant Closing #12

From their website; Pilgrim's Pride produces healthy, high-quality food products that go into some of the world's finest recipes.

• Pilgrim’s Pride Corporation (NYSE: PPC) is the largest chicken company in the U.S. and the second-largest in Mexico.
• Net sales in fiscal 2007 totaled $7.6 billion.
• Pilgrim's Pride is currently ranked #327 on the Fortune 500 list of largest U.S. corporations.
• Pilgrim's Pride employs approximately 50,000 people in the U.S. and Mexico.

This news is not shocking from a percentage impact to their employment, what I didn't know is that a suffering economy impacts chicken producers.

HARRISONBURG VA - Pilgrim's Pride will cut more than 300 jobs nationwide as it wrestles with the sluggish economy, the company announced in a statement Friday. A source close to the company's Broadway plant says the local facility will likely cut "six to seven" positions. A Pilgrim's Pride spokesman would not confirm that figure

They supply Kentucky Fried Chicken, maybe people are eating out less.