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Pilgrim's Pride Corporation is an American, multi-national food company, currently one of the largest chicken producers in the United States and Puerto Rico and the second-largest chicken producer in Mexico. It exited bankruptcy in December 2009 and relocated its U.S. headquarters to Greeley, Colorado, in 2011. [2]
The chicken producer also beat estimates on both revenue and adjusted earnings per share. Tyson's stock closed up 2% on Monday and Pilgrim's was up 4%, while the S&P 500 dropped 3%.
Lonnie Alfred "Bo" Pilgrim (May 8, 1928 – July 21, 2017) was the co-founder of Pilgrim's Pride, which at one time was one of the largest chicken producers in the United States. Pilgrim founded Pilgrim's Pride when he opened a feed store in 1946 in Pittsburg, Texas, with his older brother, Aubrey.
It soon entered the poultry business. In 1998 it exited the agronomy business to focus on protein products, primarily chicken but also pork. In 2004, with the approval of its membership, it converted from being a cooperative to a for-profit stock-ownership company, listed on NASDAQ. In 2006, Gold Kist was acquired by Pilgrim's Pride. [1]
Perdue’s chicken feed contains grains, primarily consisting of corn and soybeans and is mixed with vitamins, minerals and amino acids to “ensure a nutritionally balanced diet,” according to ...
In 2013, Perdue was reportedly the third-largest American producer of broilers (chickens for eating) and was estimated as having 7% of the US chicken production market, behind Pilgrim's Pride and Tyson Foods. [5] In 2010, the corporate structure of Perdue Farms changed. [6]
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