Sanderson Farms to receive millions in incentives for new NC plant
Story Date: 6/6/2008

  Source:  Alicia Karapetian, MEATINGPLACE.COM, 6/6/08

Laurel, Miss.-based Sanderson Farms Inc. will receive $8.9 million over the next 11 years in economic incentives from the North Carolina city and county in which the poultry processor plans to build a new complex, according to East North Carolina Today.

The city of Kinston, N.C., and Lenoir County are providing the incentives in exchange for the company's investment of $126.5 million for a feed mill, hatchery and processing plant and 1,650 new jobs.

Incentive money will be used to purchase 110 acres of land for the feed mill and hatchery, job creation and investment in the complex.

The incentive proposal was unanimously approved by the city council earlier this week.

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