SOURCE: Industrial Info Resources

Industrial Info Resources

December 15, 2010 05:10 ET

Sanderson Farms Sees Golden Eggs in 2010, Ends on Fourth-Quarter High Note, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - December 15, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading poultry producer Sanderson Farms Incorporated (NASDAQ:SAFM) (Laurel, Mississippi) reported a strong close to a strong year in the fourth quarter of 2010, as market prices improved and the company continued to invest in new facilities. Net income for the quarter stood at $47.8 million, compared with only $19.8 million in the fourth-quarter 2009.

Two of the largest projects under way in Sanderson's North Carolina complexes are a $94 million poultry deboning plant in Goldsboro and a hatchery in Kinston, which involves the construction of a 62,000-square-foot building and the installation of equipment to handle and process chicken eggs. For more information, visit Industrial Info's North American Food and Beverage Project Database.

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