![]() A rival bid from Tyson Foods followed two days later. On May 27, 2014, the company announced a $6.4 billion cash and debt offer to acquire all the shares in Hillshire Brands. The Pilgrim's Pride feed mill in Pittsburg, Texas, in August 2015 On December 1, 2008, Pilgrim's Pride filed for bankruptcy. Officials arrested 311 foreign national employees on suspicion of identity theft. On April 16, 2008, after a yearlong investigation US Immigration and Customs Enforcement raided plants in Batesville, Arkansas Live Oak, Florida Chattanooga, Tennessee Mount Pleasant, Texas and Moorefield, West Virginia. Goolsby Jr., died after suffering a stroke while on a hunting trip in South Texas with customers. On December 17, 2007, Pilgrim's Pride's CEO, O.B. ![]() Although there was initial resistance from Gold Kist, the board members of both companies voted unanimously to combine the two companies. On December 4, 2006, Pilgrim's Pride announced the successful acquisition of Gold Kist (formerly the third largest chicken company) for $21.00 a share. Protein conversion uses techniques to convert inedible parts of the animal, such as keratin in feathers and skin, into digestible protein to be used for livestock and pet food. This is a common practice in the poultry industry known as protein conversion, so as to profit from all parts of the bird. The supply of cattle feed was criticized because of the alleged use of "inedible" chicken parts being used for protein content. Pilgrim's is also a supplier of cattle feed to various ranching operations in East Texas. ![]() Pilgrim's Pride held an investigation, fired 11 employees, including managers, and has provided ongoing animal welfare training to its work force after KFC owner Yum Brands threatened to cease purchasing from the company following the incident none of the employees faced any criminal charges. The video showed Pilgrim Pride employees strangling, stomping, and flinging live chickens into a wall. On July 20, 2004, PETA released a video showing cruelty to chickens at a Pilgrim's Pride plant in West Virginia. In May 2004, Pilgrim's Pride experienced an outbreak of avian influenza in Hopkins County in northeast Texas 24,000 breeder hens were destroyed to contain the outbreak. Pierce Chicken is best known for its brand-name Wing Dings, Wing Zings, and various other prepared food products. In 2003, Pilgrim's Pride acquired Pierce Chicken (formerly of ConAgra Foods and Hester Industries). The outbreak killed 7 people, sickened 46, and caused 3 miscarriages. It was the largest food recall in the US at the time. 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. By 2012, Pilgrim's was the exclusive rotisserie chicken supplier for Costco, supplying 50 million 3-pound marinated chickens, ready to be placed into a rotisserie. Other customers include Walmart, Publix, and Wendy's. Pilgrim's Pride is a supplier of Kentucky Fried Chicken and was named its "supplier of the year" in 1997. Today, Pilgrim's Pride is vertically integrated, meaning the company has its own divisions for every process from "egg to table". He became the president of the company after Aubrey died of a heart attack in 1966. Bo, wearing traditional Pilgrim clothing, with a pet chicken named "Henrietta" under his arm, was featured in Pilgrim's Pride advertisements. They were known to give away free chicks with the bags of feed they sold, thereby expanding their business. Pilgrim's traces its origins to a feed store opened in 1946 in Pittsburg, Texas, by Lonnie "Bo" Pilgrim and his older brother, Aubrey. Pilgrim's Pride products are distributed primarily through foodservice and retail outlets. They have the capacity to process about 36 million birds per week resulting in almost 9.5 billion pounds of live chicken annually. Pilgrim's Pride is a multi-national corporation, based in Brazil, and employs about 38,000 people with sales of $8.1 billion in 2012, and has operations in 12 states, Mexico and Puerto Rico. Pilgrim's Pride purchased Gold'n Plump for $350 million in late November 2016. headquarters to Greeley, Colorado, in 2011. ![]() It exited bankruptcy in December 2009 and relocated its U.S. 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.
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