Gold Kist To Open $70 Million Expansion in Live Oak, Florida
02 Outubro 2006 - 12:26PM
PR Newswire (US)
Florida Agriculture Commissioner to Speak at Opening Ceremony
ATLANTA, Oct. 2 /PRNewswire-FirstCall/ -- Gold Kist Inc.
(NASDAQ:GKIS) will celebrate the official opening of the $70
million, 180,000-square-foot expansion of its Live Oak, Fla.,
poultry processing facility on November 2, 2006 at 10 a.m. The
ribbon-cutting ceremony will feature a keynote address by Florida
Commissioner of Agriculture Charles H. Bronson. "This expansion is
the largest single investment that Gold Kist has ever made in a
facility. It doubles the plant's capacity to produce value added
products and allows us to support the tremendous growth of Publix
Super Markets, one of our largest private label retail customers,"
said John Bekkers, Gold Kist President and CEO. "The expansion is
an integral part of our strategic plan to increase production of
value added products and builds on our company's success as
industry leader in private label products." Part of the plant's
expansion includes the addition of new air chilling technology that
cools the chickens using fresh, filtered cold air rather than water
immersion. Using this technology, Gold Kist will process chickens
that are antibiotic-free and raised on an all-vegetable diet. This
new product was developed to help supply the double-digit sales
growth of natural foods in retail supermarkets. Gold Kist is the
first major chicken processor in the United States to offer this
antibiotic free, air chilled premium product line that will be
marketed first by Publix under the GreenWise Market(TM) label. The
new Gold Kist facility in Live Oak, Fla., incorporates the latest
food safety technology and utilizes advanced robotic product
inventory and order processing system that is designed to ensure
proper product rotation and rapid assembly of customers' orders. In
addition, the expansion will provide modern employee welfare and
training facilities. As a result of the expansion, Gold Kist has
added 100 new employees. The Gold Kist Florida Division began
operations in Live Oak in 1967 and employs a total of 1,600 people
at its processing plant, feed mill, hatchery and distribution
centers. Gold Kist contracts with 167 family farmers in the area to
raise chickens for the processing plant. This news release contains
"forward-looking statements" as defined in the federal securities
laws regarding Gold Kist's beliefs, anticipations, expectations or
predictions of the future, including statements relating to the
expected opening of the Live Oak's expansion. These forward-looking
statements involve a number of risks and uncertainties. Among the
important factors that could cause actual results to differ
materially from those indicated in such forward-looking statements
include the risks described under "Risk Factors" in our Annual
Report on Form 10-K for the fiscal year ended October 1, 2005, and
subsequently filed Quarterly Reports on Form 10-Q. Gold Kist
undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise. ABOUT GOLD KIST: Gold Kist
(NASDAQ:GKIS) is the third largest chicken company in the United
States, accounting for more than 9 percent of chicken produced in
the United States in 2005. Gold Kist operates a fully-integrated
chicken production business that includes live production,
processing, marketing and distribution. Gold Kist's operations
include nine divisions located in Alabama, Florida, Georgia, North
Carolina and South Carolina. For more information, visit the
company's Web site at http://www.goldkist.com/. DATASOURCE: Gold
Kist Inc. CONTACT: Karla Harvill if Gold Kist Inc., +1-770-393-5091
Web site: http://www.goldkist.com/
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