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Sanderson Farms

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Sanderson Farms, Inc.
TypeSubsidiary
IndustryPoultry farming
Founded1947, incorporated 1955[1]
FounderD.R. "Bob" Sanderson, Sr.
HeadquartersLaurel, Mississippi, U.S.
Key people
Joe F. Sanderson, Jr.
(CEO and Chairman of the Board)
Lampkin Butts
(President, COO, and Board Member)
Mike Cockrell
(CFO, CLO, Treasurer, and Board Member)
Tim Rigley (CAO and Secretary)
RevenueUS$3.4 billion[1] (2019)
Owners
  • Wayne-Sanderson Farms (2022-present)
Number of employees
17,662 (October 31, 2021)[1]
Websitesandersonfarms.com

Sanderson Farms is an American poultry producer which is based in Laurel, Mississippi. It is the third largest poultry producer in the United States and produces 13.65 million chickens per week.

On July 22, 2022, it merged with Wayne Farms to form Wayne-Sanderson Farms.[2] The new company is controlled by a joint venture between Cargill and Conti (also known as Continental Grain Co. or ContiGroup).

In 2021, it was included in Fortune 500 list.[3]

Discover more about Sanderson Farms related topics

Laurel, Mississippi

Laurel, Mississippi

Laurel is a city in and the second county seat of Jones County, Mississippi, United States. As of the 2020 census, the city had a population of 17,161. It is located northeast of Ellisville, the first county seat, which contains the first county courthouse. Laurel has the second county courthouse as there are two judicial districts in Jones County. Laurel is the headquarters of the Jones County Sheriff's Department, which administers in the county. Laurel is the principal city of a micropolitan statistical area named for it. Major employers include Howard Industries, Sanderson Farms, Masonite International, Family Health Center, Howse Implement, Thermo-Kool, and South Central Regional Medical Center. Laurel is home to the Lauren Rogers Museum of Art, Mississippi's oldest art museum, established by the family of Lauren Eastman Rogers.

Cargill

Cargill

Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T. Cargill has frequently been the subject of criticism related to the environment, human rights, finance, and other ethical considerations.

Fortune 500

Fortune 500

The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor, and the first list was published in 1955. The Fortune 500 is more commonly used than its subset Fortune 100 or superset Fortune 1000.

History

The company was founded in 1947 by D.R. Sanderson, Sr.[4]

In 1961, the company merged with Miss Goldy’s Chicken company.[4]

In 1987, it became a publicly-listed company.[4]

In 2020, the company made more than $3.5 billion, processing more than 4.8 billion pounds of meat.[5] In 2021, the company employed more than 17,000 people.[5]

In August 2021, it was announced that Sanderson Farms was sold to global food corporation Cargill, in a joint venture with Continental Grain Co. for $4.5 billion. The sale will combine Sanderson Farms with Continental subsidiary Wayne Farms to create a new, privately held chicken production company.[6]

In March 2022, the finalization of the sale is uncertain due to the investigations from the United States Department of Justice; but on July 22, 2022, Wayne Farrms merged with Sanderson Farms to form Wayne-Sanderson Farms.[7]

Plants

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Mississippi

Mississippi

Mississippi is a state in the Southeastern region of the United States, bordered to the north by Tennessee; to the east by Alabama; to the south by the Gulf of Mexico; to the southwest by Louisiana; and to the northwest by Arkansas. Mississippi's western boundary is largely defined by the Mississippi River. Mississippi is the 32nd largest and 35th-most populous of the 50 U.S. states and has the lowest per-capita income in the United States. Jackson is both the state's capital and largest city. Greater Jackson is the state's most populous metropolitan area, with a population of 591,978 in 2020.

Louisiana

Louisiana

Louisiana is a state in the Deep South and South Central regions of the United States. It is the 20th-smallest by area and the 25th most populous of the 50 U.S. states. Louisiana is bordered by the state of Texas to the west, Arkansas to the north, Mississippi to the east, and the Gulf of Mexico to the south. A large part of its eastern boundary is demarcated by the Mississippi River. Louisiana is the only U.S. state with political subdivisions termed parishes, which are equivalent to counties, making it one of only two U.S. states not subdivided into counties. The state's capital is Baton Rouge, and its largest city is New Orleans, with a population of roughly 383,000 people.

Texas

Texas

Texas is a state in the South Central region of the United States. At 268,596 square miles (695,660 km2), and with more than 30 million residents in 2022, it is the second-largest U.S. state by both area and population. Texas shares borders with the states of Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and the Mexican states of Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the south and southwest; and has a coastline with the Gulf of Mexico to the southeast.

Georgia (U.S. state)

Georgia (U.S. state)

Georgia is a state in the Southeastern region of the United States, bordered to the north by Tennessee and North Carolina; to the northeast by South Carolina; to the southeast by the Atlantic Ocean; to the south by Florida; and to the west by Alabama. Georgia is the 24th-largest state in area and 8th most populous of the 50 United States. Its 2020 population was 10,711,908, according to the U.S. Census Bureau. Atlanta, a "beta(+)" global city, is both the state's capital and its largest city. The Atlanta metropolitan area, with a population of more than 6 million people in 2021, is the 8th most populous metropolitan area in the United States and contains about 57% of Georgia's entire population.

North Carolina

North Carolina

North Carolina is a state in the Southeastern region of the United States. The state is the 28th largest and 9th-most populous of the United States. It is bordered by Virginia to the north, the Atlantic Ocean to the east, Georgia and South Carolina to the south, and Tennessee to the west. In the 2020 census, the state had a population of 10,439,388. Raleigh is the state's capital and Charlotte is its largest city. The Charlotte metropolitan area, with a population of 2,595,027 in 2020, is the most-populous metropolitan area in North Carolina, the 21st-most populous in the United States, and the largest banking center in the nation after New York City. The Raleigh-Durham-Cary combined statistical area is the second-largest metropolitan area in the state and 32nd-most populous in the United States, with a population of 2,043,867 in 2020, and is home to the largest research park in the United States, Research Triangle Park.

Source: "Sanderson Farms", Wikipedia, Wikimedia Foundation, (2022, December 19th), https://en.wikipedia.org/wiki/Sanderson_Farms.

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References
  1. ^ a b c "Investor Relations". Sanderson Farms. Retrieved 15 February 2020.
  2. ^ Inc, Cargill. "Cargill and Continental Grain Complete Acquisition of Sanderson Farms". PR Newswire. Retrieved 2022-08-26.
  3. ^ "Sanderson Farms | 2021 Fortune 500". Fortune.
  4. ^ a b c d e f g h "Fresh perspective: Sanderson Farms c.e.o. adapts to change". www.foodbusinessnews.net.
  5. ^ a b "Sanderson Farms considers sale, WSJ reports". Food Dive. Retrieved 2021-07-08.
  6. ^ "Cargill, Continental Grain to buy chicken producer Sanderson Farms for $4.5 bln". Reuters. 9 August 2021.{{cite web}}: CS1 maint: url-status (link)
  7. ^ "Cargill and Continental Grain Complete Acquisition of Sanderson Farms". Wayne Farms. Retrieved 2022-12-10.
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