Pilgrim's Corp
 |
|
| Public | |
| Traded as | NASDAQ: PPC |
| Industry | Meat processing |
| Founded | 1946 |
| Headquarters | Greeley, Colorado, United States |
|
Key people
|
Bill Lovette (CEO) |
| Products | Food and Beverages |
| Revenue |
 US$ 10.0 billion (2016)
|
 US$ 440.5 million (2016)
|
|
| Owner | JBS USA |
|
Number of employees
|
35,700 |
| Subsidiaries | Moy Park |
| Website | www |
Pilgrim's Pride Corporation, also known as Pilgrim's, is a Brazilian-owned, American food company, currently the largest chicken producer 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. It is majority-owned by JBS S.A.. Pilgrim Pride purchased Gold N'Plump for $350 million in late November 2016.
Pilgrim's employs about 38,000 people with sales of $8.1 billion in 2012, and has operations in 12 states, Mexico and Puerto Rico. They have the capacity to process about 36 million birds per week resulting in almost 9.5 billion pounds of live chicken annually. [1]
Pilgrim's Pride products are distributed primarily through foodservice and retail outlets.
Pilgrim's traces its origins to a feed store opened in 1946 in Pittsburg, Texas, by Lonnie "Bo" Pilgrim and his older brother, Aubrey. The brothers were known to give away free chicks with the bags of feed they sold, thereby expanding their business. Bo Pilgrim, wearing traditional Pilgrim dress, with a pet chicken named "Henrietta" under his arm, was featured in Pilgrim's Pride advertisements. Bo became the president of the company after Aubrey died of a heart attack in 1966. Today, Pilgrim's Pride is vertically integrated, meaning the company has its own divisions for every process from "egg to table."
Pilgrim's Pride is a supplier of Kentucky Fried Chicken and was named its "supplier of the year" in 1997. Other customers include Wal-Mart, Publix, and Wendy's.
On October 12, 2002, Pilgrim's Pride recalled 27.4 million pounds of sliced deli poultry after finding a strain of Listeria monocytogenes in the drain of one of their facilities. It was the largest food recall in the US at the time. The outbreak killed 7 people, sickened 46, and caused 3 miscarriages. [2] [3]
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Wikipedia