Wayne-Sanderson Farms Expands Portfolio with New Purchase
Wayne-Sanderson Farms Announces Acquisition of Harrison Poultry
Wayne-Sanderson Farms has taken a significant step in the poultry industry by acquiring Harrison Poultry, a well-regarded producer of chicken products known for its premier brand, "Golden Goodness." This alliance marks an important milestone for both organizations as they streamline operations and enhance their offerings in the market.
Details of the Acquisition
The acquisition is effective immediately and encompasses all aspects of Harrison Poultry's operations. This includes production facilities, hatcheries, and transportation equipment crucial to the poultry supply chain. Following the acquisition, Wayne-Sanderson Farms has confirmed that regular operations will persist with minimal disruption, ensuring customers continue to receive uninterrupted service.
A Shared Vision for Quality
Kevin McDaniel, President and CEO of Wayne-Sanderson Farms, expressed enthusiasm over the merger. He emphasized the importance of integrity and quality that both companies stand for, stating, "We are proud to welcome the Harrison Poultry team into the Wayne-Sanderson Farms family. Our shared values will facilitate a smooth transition as we integrate our operations."
History and Legacy of Harrison Poultry
Founded in 1958 by R. Harold Harrison, Harrison Poultry has been a mainstay in the poultry industry. With a rich legacy marked by innovation and integrity, the company's family has sustained its growth, heavily investing in local economies. Jim Skidmore, the current CEO of Harrison Poultry, articulated gratitude towards everyone who contributed to its success, affirming the focus on ensuring that the acquisition aligns with the best interests of their workforce and farming partners.
Strategic Growth Initiative
Harrison Poultry and Wayne-Sanderson Farms embarked on this journey as part of a broader strategic initiative aimed at growth in the poultry sector. Recognizing the complementary nature of their operations, both companies have meticulously evaluated workplace cultures and operational synergies to ensure a beneficial merger.
Operational Excellence and Future Prospects
Post-acquisition, Wayne-Sanderson Farms is committed to maintaining operational excellence across all locations. With over 27,000 employees and a network of more than 2,000 farm partners, the company is well-equipped to handle the integration of Harrison Poultry into its dynamic operational ecosystem. The acquisition is anticipated to bolster product offerings and further expand market reach.
About Wayne-Sanderson Farms
Wayne-Sanderson Farms stands as an industry leader, ranking as the third-largest poultry producer in the nation. This esteemed company prides itself on delivering high-quality poultry products while adhering to responsible farming and business practices. With a diverse portfolio offering products for various market segments, Wayne-Sanderson Farms operates 24 facilities across several states in the U.S.
About Harrison Poultry
Harrison Poultry has continuously been a pioneer in poultry production since its inception. Operating out of Bethlehem, Georgia, it employs over 1,000 staff members and processes approximately 400 million pounds of poultry products each year. The company’s commitment to quality is reflected in its various brand lines, including Golden Goodness, Pollo Eldorado, and Al Marwah. The acquisition by Wayne-Sanderson Farms is seen as an opportunity to continue this legacy of excellence.
Frequently Asked Questions
What prompted Wayne-Sanderson Farms to acquire Harrison Poultry?
The acquisition aligns with Wayne-Sanderson Farms' strategic growth initiative, seeking to enhance offerings and market competitiveness.
What will happen to Harrison Poultry's operations?
Harrison Poultry's operations will integrate with Wayne-Sanderson Farms, maintaining continuity for employees and customers alike.
Who leads Wayne-Sanderson Farms following the acquisition?
Kevin McDaniel will continue as President and CEO, leading the unified organization.
What are the benefits of this acquisition?
This merger is expected to strengthen product lines and expand market reach, enhancing customer satisfaction.
Is Harrison Poultry continuing its brand under Wayne-Sanderson Farms?
Yes, Harrison Poultry will continue to operate under its brand while benefiting from the resources of Wayne-Sanderson Farms.
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