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Slide #92. Cal-Maine Foods, Inc. — Egg Production Assets of Maxim Production Co., Inc.
Cal-Maine Foods, Inc. (NASDAQ:CALM)
Egg Production Assets of Maxim Production Co., Inc.
Cal-Maine Foods, Inc. announced that it has closed the previously announced acquisition of the commercial egg production and related assets of Maxim Production Co., Inc. The assets purchased by Cal-Maine Foods include a feed mill and two production complexes with capacity for approximately 3.5 million laying hens with related pullet capacity, all located near Boling, Texas. In addition, the acquisition includes contract capacity for approximately 500,000 laying hens near Gonzalez, Texas.
Cal-Maine Foods is engaged in the production, grading, packaging, marketing and distribution of shell eggs. Co. sells most of its shell eggs in the southwestern, south-eastern, mid-western and mid-Atlantic regions of the United States. Co.'s operations consist of hatching chicks, growing and maintaining flocks of pullets, layers, and breeders, manufacturing feed, and producing, processing, packaging, and distributing shell eggs. Co. markets organic, vegetarian, and omega-3 eggs under its 4-Grain® brand, which consists of both caged and cage-free eggs. Co. also produces, markets, and distributes private label specialty shell eggs to several customers.
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