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Ben There

Northbrook, IL

#1 Mar 11, 2009
It is being reported that there has been an offer made on the Farmerville plant.

Since: Mar 09

Spearsville La.

#2 Mar 11, 2009
An article I read this morning said the offer was made by Foster Farms. They offered $20 million and the state will match the offer $ for $.
Ben

Whitney, TX

#3 Mar 11, 2009
glpil wrote:
An article I read this morning said the offer was made by Foster Farms. They offered $20 million and the state will match the offer $ for $.
What about Eldorado? Anything being said.
old chicken farmer

United States

#4 Mar 11, 2009
The offer made by Foster Farms along with matching funds of $40 million has been rejected by Pilgrim's Pride, it just came over the news.
Ben

Whitney, TX

#5 Mar 11, 2009
old chicken farmer wrote:
The offer made by Foster Farms along with matching funds of $40 million has been rejected by Pilgrim's Pride, it just came over the news.
That's horrible for SE Arkansas and NE Louisiana. I know that there is a bill in the AR House that will enable The City of Eldorado to seize the facility in order to sell it to a company that will keep it in operation. Sounds like a shot in the dark but it's happened before.

Since: Mar 09

Spearsville La.

#6 Mar 11, 2009
Ben wrote:
<quoted text>
That's horrible for SE Arkansas and NE Louisiana. I know that there is a bill in the AR House that will enable The City of Eldorado to seize the facility in order to sell it to a company that will keep it in operation. Sounds like a shot in the dark but it's happened before.
That may be the only way to get these plants away from the arrogant, greedy bastards. They seem to be under the illusion they can remain the #1 poultry company even when in bankruptcy.
old chicken farmer

United States

#7 Mar 11, 2009
I just watched on tv news in El Dorado the state Senator from Louisana talking about the offer that was rejected by Pilgrim's Pride for the Farmerville complex. The senator said Pilgrim was giving mixed signals and it was very difficult trying to work with them. He believes the overriding factor is Pilgrim is trying to raise the price of chicken and is trying to avoid selling the plant. Dah, no kidding ! Then the news coverage went to the El Dorado complex with Arkansas state senator Lowery. Lowery has introduced legislation that would allow the El Dorado complex do be seized under imminent domain and is very optimistic about the passage of this legislation. Let's do all we can to encourage these state legislators to expedite the passage of this bill. Also, BOYCOTT PILGRIM pride products and put a squeeze on ole Bo. Get the word out.
old chicken farmer

United States

#8 Mar 11, 2009
"It would essentially put Foster in business at a cost of entry of $20 million, well below the real cost and at a level with which neither Pilgrim's Pride nor the rest of the industry could effectively compete," the Pilgrim's statement said.

"Dr. Jackson did not rule out a possible sale, but noted that it would have to be at a price well beyond $40 million. He also reiterated that selling the facility would not address the fundamental problem facing our industry: an oversupply of low-value commodity chicken," the statement said. "As such, if the Farmerville complex were sold, the company would unfortunately designate another facility for shutdown."

Well if another facility was shut down maybe in would be one close to Bo Pilgrim's home, like in Mt. Pleasant.
Company Man

United States

#9 Mar 11, 2009
If your plants ran their business the way they were ask to do instead of the way they wanted to, maybe just maybe they wouldn't be for sale.
old chicken farmer

United States

#10 Mar 12, 2009
That's just the problem, Pilgrim will not and doesn't want to sell them. And these companies were run by Pilgrim people. When they acquired these plants they stripped them of former plant managers and replaced them with Pilgrim managers so they would be run like they wanted them run. Most of these plants were profitable plants and the reason for shutting them down difies logic. It's simple, Pilgrim is trying to control the price of chicken, it's called price fixing. If you would notice most of the plants that have been shut down are the ones that are located the fartherst from Mt. Pleasant. First it was Siler City, N.C., Live Oaks, Fla., Clinton, Ark., Douglas Ga., El Dorado Ark., and then Farmerville, La. Better look out, seems to be closing in on Mt. Pleasant. BOYCOTT PILGRIM PRIDE products.

Since: Mar 09

United States

#11 Mar 12, 2009
farmerville is going to stay open ceo of pilgrams and Gov. of La. came to a agreement this morning on 40mill. for pilgrams to keep the plant open and running...In return they will shut down a nother plant in Ar. or La. in place of that one. its sad.nothing yet for eldorado plant.i grow for eldorado and it really sucks to be in this spot.
Ben

Greenbrier, AR

#12 Mar 12, 2009
pissed off MagGrower wrote:
farmerville is going to stay open ceo of pilgrams and Gov. of La. came to a agreement this morning on 40mill. for pilgrams to keep the plant open and running...In return they will shut down a nother plant in Ar. or La. in place of that one. its sad.nothing yet for eldorado plant.i grow for eldorado and it really sucks to be in this spot.
What I read said Dr. Jackson told Bobby he wouldn't put competition in for $20 million and wouldn't entertain anything under 75 for Eldorado.
Ben

Greenbrier, AR

#13 Mar 12, 2009
old chicken farmer wrote:
"It would essentially put Foster in business at a cost of entry of $20 million, well below the real cost and at a level with which neither Pilgrim's Pride nor the rest of the industry could effectively compete," the Pilgrim's statement said.
"Dr. Jackson did not rule out a possible sale, but noted that it would have to be at a price well beyond $40 million. He also reiterated that selling the facility would not address the fundamental problem facing our industry: an oversupply of low-value commodity chicken," the statement said. "As such, if the Farmerville complex were sold, the company would unfortunately designate another facility for shutdown."
Well if another facility was shut down maybe in would be one close to Bo Pilgrim's home, like in Mt. Pleasant.
Just read that the Bobby offered $40 for his part making it $60 for Farmerville per KNOE.com
grower

Camden, AR

#14 Mar 13, 2009
old chicken farmer wrote:
I just watched on tv news in El Dorado the state Senator from Louisana talking about the offer that was rejected by Pilgrim's Pride for the Farmerville complex. The senator said Pilgrim was giving mixed signals and it was very difficult trying to work with them. He believes the overriding factor is Pilgrim is trying to raise the price of chicken and is trying to avoid selling the plant. Dah, no kidding ! Then the news coverage went to the El Dorado complex with Arkansas state senator Lowery. Lowery has introduced legislation that would allow the El Dorado complex do be seized under imminent domain and is very optimistic about the passage of this legislation. Let's do all we can to encourage these state legislators to expedite the passage of this bill. Also, BOYCOTT PILGRIM pride products and put a squeeze on ole Bo. Get the word out.
I want everyone to get the word out to BOYCOTT all Pilgrims products let him know he can't hold all the farmers hostage just so he can be #1 sorry Bastard
old chicken farmer

United States

#15 Mar 13, 2009
Jackson said it was possible a portion of the Farmerville, Louisiana, plant could reopen, but not for a year or more. Also to be idled are plants in El Dorado, Arkansas, and Douglas, Georgia. The plants employ about 3,000 workers.

Idling the three plants will reduce the company's chicken production 9 to 10 percent. Approximately 430 independent growers who supply the plants with chickens will be affected.

There has been speculation that Pilgrim's Pride would sell some its facilities as it tries to reorganize. Jackson said on Friday there has been little buyer interest.

"In terms of our core assets, and I'm talking about chicken processing assets, there has been very little interest," he said. "What little interest there has been has literally been pennies on the dollar. It would not appear to be in our best interest to give somebody a cost of entry with which we could not compete."

This is what the workers and especially the growers are facing. The CEO of Pilgrim's Pride is a liar and thinks nothing of distorting the truth to further the interest of these self-satisfying, self-enriching excutives and Bo Pilgrim. We have got to put a squeeze on this company by BOYCOTTING all Pilgrim's Pride products and it has to be so that the entire nation becomes aware of the tactics employed by Pilgrim. So spread the word, by whatever means, to all your e-mail contacts, friends, relatives, and just people you bump into - BOYCOTT PILGRIM PRIDE products.
old chicken farmer

United States

#16 Mar 14, 2009
Pilgrim's Pride rejected the Farmerville offer of $60 million. Ray Atchinson, spokesman for Pilgrim, said that they filed chapter 11 bankruptcy in order to restructuer not liquidate. Pilgrim's Pride could have avoided going into bankruptcy in the first place if they had liquidated of some of their assets they are holding onto so greedily. Every bit of this mess could have been avoided, but Pilgrim's greed and obession to be #1 at any cost is going to be the downfall of many growers. Folks, it ain't nothing but simple CORPORATE GREED! They are trying to manipulate the price of chicken in order to increase their profit margin and in the process put many growers into bankruptcy and out on the street. BOYCOTT PILGRIM PRIDE products.
Concerned Person

Shreveport, LA

#17 Mar 14, 2009
Well I think its pretty bad when there wanting to close pilgrims pride. They would rather close the business then take the 60 million dollar offer that would help 1000 plus people. Thats called selfish or greddy how ever you want to word it.
Happy Day

United States

#18 Mar 19, 2009
Watch out ! Big Texas, Chicken Farmers you could be next. I pray this will not happen to you. Greed is a disease from the devil, and Mr. Jackson and Bo Pilgrim Have it!
old chicken farmer

Fort Smith, AR

#19 Mar 22, 2009
I am thrilled for the workers and independent growers in Louisiana. La. Gov. Bobby Jindal must be commended for his all out effort to wrench the Farmerville plant out of the hands of Pilgrim's Pride. Gov. Jindal and the other elected officials involved were unwavering in their quest to prevent an economic diasater in NE Louisiana brought on by this greedy, self-satisfying corporation. Being from El Dorado, I wish Arkansas Gov. Beebee would take more of an active role in trying to save southern Arkansas from the same impending diasaster looming over our economy. Southern Arkansas has become the step-child of this state with little or no concern from the majority of state governmental officials. With all the interest from the Arkansas state government being from Little Rock and northward, it doesn't come as any suprise of the lack of effort. There has been plenty of 'lip-service', but nothing to back up any of their claims. With corporate giant Wal-Mart and Tyson being located in NW Arkansas, those of us located in southern Arkansas are somewhat accoustomed to this attitude from our state officials. It wouldn't shock me if Tyson is a big contributor to Beebee's campaign fund. If they were, it would explain the lack of effort on the part of Gov. Beebee. But, it is time to rejoice the success of those in the Farmerville area. CONGRATULATIONS !! Maybe those of us in south Arkansas can suceed from this state and be annexed into the great state of Louisiana. How about it Gov. Jindal?
Ilar

Santa Clara, CA

#20 Oct 8, 2009
What about towns like lake village? Or little rock? There are plants needed near magnolia too!
glpil wrote:
<quoted text>
That may be the only way to get these plants away from the arrogant, greedy bastards. They seem to be under the illusion they can remain the #1 poultry company even when in bankruptcy.

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