Sanderson Farms

Sanderson Farms is an American poultry producer which is based in Laurel, Mississippi.

Sanderson Farms
IndustryPoultry farming
Founded1947, incorporated 1955[1]
FounderD.R. "Bob" Sanderson, Sr.
Headquarters
Laurel, Mississippi
Key people
Joe F. Sanderson, Jr.
(Chairman and CEO)
Lampkin Butts
(President and COO)
Mike Cockrell
(Board Member and CFO)
Revenue$3.4 billion[1]
Number of employees
17,000+ [1]
Websitesandersonfarms.com

It is the third largest poultry producer in the United States and produces 13.65 million chickens per week. In 2021, it was included in Fortune 500 list.[2]

History

The company was founded in 1947 by D.R. Sanderson, Sr.[3]

In 1961, the company merged with Miss Goldy’s Chicken company.[3]

In 1987, it became a publicly-listed company.[3]

In 2020, the company made more than $3.5 billion, processing more than 4.8 billion pounds of meat.[4] In 2021, the company employed more than 17,000 people.[4]

In August 2021, Sanderson Farms was sold to global food corporation Cargill, in a joint venture with Continental Grain for $4.5 billion. The sale will combine Sanderson Farms with Continental subsidiary Wayne Farms to create a new, privately held chicken production company.[5] The sale should be complete by either late 2021 or early 2022.

Plants

References
  1. "Investor Relations". Sanderson Farms. Retrieved 15 February 2020.
  2. "Sanderson Farms | 2021 Fortune 500". Fortune.
  3. "Fresh perspective: Sanderson Farms c.e.o. adapts to change". www.foodbusinessnews.net.
  4. "Sanderson Farms considers sale, WSJ reports". Food Dive. Retrieved 2021-07-08.
  5. "Cargill, Continental Grain to buy chicken producer Sanderson Farms for $4.5 bln". Reuters. 9 August 2021.
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