Posted 10/24/2012 11:50 am
Updated 2 years ago
Peco Foods of Tuscaloosa, Ala., announced Wednesday that it will spend $13.8 million expanding a feed mill in Newark and a processing plant in Batesville, adding a total of 300 jobs.
"Peco Foods' expansion into Arkansas was an excellent decision for us and we look forward to a long and successful partnership with the city of Batesville and the State," said Mark Hickman, president and chief executive officer of Peco Foods, in a news release from the Arkansas Economic Development Commission.
The company employs 866 workers in Independence County.
Peco Foods is the eighth largest poultry processor in the U.S., processing more than 4.2 million birds and 22 million pounds of ready-to-cook poultry each week.
Peco Foods is a family-owned business that was founded in the late 1930s by John Herman Hickman.
Peco's holdings also include facilities in Alabama and Mississippi, each with a hatchery, feed mill, live production grow-out and processing plant, the news release said.
Peco employs more than 4,900 people.