Pilgrim's Pride Corp., a Greeley, Colo.-based unit of JBS Corp., announced several operational changes to improve efficiencies as part of its goal to generate approximately $200 million in savings in 2014.
For example, effective Jan. 24, 2014, Pilgrim's Pride will expand its operations in Russellville, Ala., and Douglas, Ga., to absorb the current fresh poultry processing operations in Boaz, Ala. This consolidation will allow the company to maintain current production levels, more efficiently utilize idle capacity and generate more than $20 million in incremental margin. In addition, the company will invest approximately $10 million to upgrade its feed mill in Falkville, Ala., and add approximately 100 jobs at the Douglas and Russellville operations.