by Amy Riggin
Posted 8/4/2008 01:49 pm
Updated 1 year ago
Danville-based Petit Jean Poultry Inc. plans to close a processing plant in Buffalo, Mo., by Oct. 4, according to a report from the Springfield News-Leader.
The closure is being described as devastating news for the area, as 465 jobs will be eliminated in Buffalo, which has a population of about 3,000. Employees were notified Thursday.
According to the report, the plant also closed in 2000, when 250 people lost their jobs. It re-opened two years later.
Although the Buffalo plant manager was not directly sourced in the article, the town's mayor said the reason for the closing was because Tyson Foods Inc. did not renew a contract with Petit Jean Poultry.
A 2006 estimate by Standard & Poor put Petit Jean Poultry's revenue at $65.7 million. In 2004, Arkansas Business reported that the deboned chicken and fryers operation had 2,000 employees and $80 million in 2003 revenue. It employed 700 workers in Danville and 675 at Arkadelphia at that time.
Calls made to Petit Jean Poultry's Danville office were not immediately returned Monday.