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Pilgrim's Pride

From Wikipedia, the free encyclopedia
U.S.-based food company

Pilgrim's Pride Corporation
Company typePublic
NasdaqPPC
S&P 400 component
IndustryMeat processing
Founded1946; 79 years ago (1946)
FounderLonnie "Bo" Pilgrim
Headquarters,
U.S.
Key people
Fabio Sandri (CEO)
ProductsFood andbeverages
RevenueIncrease US$10.7 billion(2017)
Increase US$718.1 million(2017)
OwnerJBS USA (78.5%)[1]
Number of employees
35,700
SubsidiariesMoy Park
Websitepilgrims.com

Pilgrim's Pride Corporation is an American, multi-national food company, currently one of the largestchicken producers in the United States andPuerto Rico and the second-largest chicken producer in Mexico. It exited bankruptcy in December 2009 and relocated its U.S. headquarters toGreeley, Colorado, in 2011.[2] It is majority-owned byJBS S.A. Pilgrim's Pride purchased Gold'n Plump for $350 million in late November 2016.

Description of firm

[edit]

Pilgrim's Pride is a multi-national corporation and employs about 38,000 people with sales of $8.1 billion in 2012, and has operations in 12 states, Mexico and Puerto Rico. It has the capacity to process about 36 million birds per week resulting in almost 9.5 billion pounds of live chicken annually.[3]

Pilgrim's Pride products are distributed primarily through foodservice and retail outlets.

Pilgrim's traces its origins to a feed store opened in 1946 inPittsburg, Texas, byLonnie "Bo" Pilgrim and his older brother, Aubrey. They were known to give away free chicks with the bags of feed they sold, thereby expanding their business. Bo, wearing traditionalPilgrim clothing, with a pet chicken named "Henrietta" under his arm, was featured in Pilgrim's Pride advertisements. He became the president of the company after Aubrey died of a heart attack in 1966.[4] Today, Pilgrim's Pride isvertically integrated, meaning the company has its own divisions for every process from "egg to table".

Pilgrim's Pride is a supplier ofKentucky Fried Chicken and was named its "supplier of the year" in 1997. Other customers includeWalmart,Publix, andWendy's. By 2012, Pilgrim's was the exclusiverotisserie chicken supplier forCostco, supplying 50 million 3-pound marinated chickens, ready to be placed into arotisserie.[5]

Notable competitors in the chicken production market of the USA includeSanderson Farms,Perdue Farms, andTyson Foods.[6]

News events in the 2000s–2020s

[edit]
Pilgrim's Pride logo used until 2011.

On October 12, 2002, Pilgrim's Pride recalled 27.4 million pounds of sliced deli poultry after finding a strain ofListeria monocytogenes in the drain of one of their facilities. It was the largestfood recall in the US at the time. The outbreak killed 7 people, sickened 46, and caused 3 miscarriages.[7][8][9]

In 2003, Pilgrim's Pride acquired Pierce Chicken (formerly owned byConAgra Foods and before that part of Hester Industries). Pierce Chicken is best known for its brand-name Wing Dings, Wing Zings, and various other prepared food products.[10]

In May 2004, Pilgrim's Pride experienced an outbreak ofavian influenza inHopkins County in northeast Texas; 24,000 breeder hens were destroyed to contain the outbreak.[11]

On July 20, 2004,PETA released a video showing cruelty to chickens at a Pilgrim's Pride plant inWest Virginia.[12] The video showed Pilgrim Pride employees strangling, stomping, and flinging live chickens into a wall.[13] Pilgrim's Pride investigated, dismissed 11 employees including managers, and has provided ongoing animal welfare training to its work force after KFC ownerYum Brands threatened to cease purchasing from the company following the incident; none of the employees faced any criminal charges.[14]

On December 4, 2006, Pilgrim's Pride announced the successful acquisition ofGold Kist (formerly the third largest chicken company) for $21.00 a share. Although there was initial resistance from Gold Kist, the board members of both companies voted unanimously to combine the two companies.[15]

On December 17, 2007, Pilgrim's Pride'sCEO, O.B. Goolsby Jr., died after suffering a stroke while on a hunting trip inSouth Texas with customers.[16]

On April 16, 2008, after an investigationUS Immigration and Customs Enforcement raided plants inBatesville, Arkansas;Live Oak, Florida;Chattanooga, Tennessee;Mount Pleasant, Texas; andMoorefield, West Virginia. Officials arrested 311 foreign national employees on suspicion ofidentity theft. Of those employees, 91 were formally charged.[17][needs update]

On December 1, 2008, Pilgrim's Pride filed for bankruptcy.[18][needs update]

The Pilgrim's Pridefeed mill inPittsburg, Texas, in August 2015

On May 27, 2014, the company announced a $6.4 billion cash and debt offer to acquire the shares inHillshire Brands. A rival bid fromTyson Foods came two days later. On June 9, 2014, the company announced it was withdrawing its bid for Hillshire after Tyson Foods had increased its offer to $8.55 billion.[19]

On July 21, 2017, the company's co-founder, Lonnie "Bo" Pilgrim, died at the age of 89.[20]

On September 23, 2020, Pilgrim's Pride announced the appointment of Fabio Sandri as CEO, replacing Jayson Penn. Penn went on leave in June following an indictment earlier this year on charges of price-fixing and bid-rigging.[21]In February 2021, Pilgrim's Pride agreed to pay a $107 million fine on charges of bid rigging and price fixing.[22]

In June 2021, Pilgrim's Pride agreed to buyKerry Group's consumer foods in the meat and meals business.[23] Brands included Henry Denny & Sons,Wall's, and Lawsons.[24]

In May 2023, undercover footage taken byJoey Carbstrong at a Pilgrim's Pride pigslaughterhouse in the United Kingdom was released.[25] The video shows pigs being lowered intocarbon dioxide tostun the animals prior to being slaughtered. The investigation showed that many pigs remain conscious throughout the process. Campaigners described the treatment as "utterly inhumane".[25]

In January 2025, Pilgrim's Pride gave $5 million to thesecond inauguration of Donald Trump, making it the largest contributor to Trump's inauguration fund.[26] In May 2025, theSecurities and Exchange Commission approved the listing ofJBS S.A., Pilgrim's holding company, on theNew York Stock Exchange.[27] SenatorElizabeth Warren authored a letter to Pilgrim's Pride executives inquiring whether the company donated to the inauguration fund as part of aquid pro quo arrangement to gain influence over the administration's regulatory decisions.[28]

Purchase by JBS S.A.

[edit]

On September 17, 2009,JBS USA Holdings, Inc. announced the purchase of 64% of the shares of Pilgrim's Pride. JBS USA. is a subsidiary of Brazilian multinationalJBS S.A., the largest meat processor in the world, and the largest by revenue. Currently JBS USA Holdings, Inc. owns 78.5% of the company.

As a result, Pilgrim's Pride closed its corporate offices in Texas and Georgia and moved its headquarters toGreeley, Colorado.[29] The move caused the former headquarters inPittsburg, Texas, and a location in nearbyMt. Pleasant, Texas, to cut employment by a total of 160 people. Other locations which lost jobs included sites inAtlanta,Dallas, andBroadway, Virginia.[30][31]

COVID-19 pandemic

[edit]
This section needs to beupdated. Please help update this article to reflect recent events or newly available information.(August 2025)
Main article:Impact of the COVID-19 pandemic on the meat industry in the United States

In late April 2020, an outbreak ofCOVID-19 began at the Pilgrim's Pride plant inLufkin, Texas.[32] On May 8, a worker at the Lufkin plant was found dead in her home after being diagnosed with COVID-19.[33] After theWest Virginia National Guard conducted coronavirus tests of 520 (out of 940) workers at the Pilgrim's Pride plant inMoorefield, West Virginia, 18 workers tested positive.[34] By May 11, 2020, 194 COVID-19 cases had been diagnosed among workers at the Pilgrim's Pride plant inCold Spring, Minnesota, which employs about 1,100 workers. On the same day, 75 to 85 cars filled with workers drove around the plant, honking horns and demanding over a loudspeaker that it be closed for two weeks.[35]

At least one worker tested positive at the Pilgrim's Pride plant inChattanooga and other workers tested positive at the company's plant inTimberville, Virginia, where dozens of workers protested in early April 2020. The company has declined to release the number of cases in Timberville.[36][needs update]

References

[edit]
  1. ^"Pilgrim's Pride Proxy Statement".Pilgrims.com. Archived fromthe original on November 22, 2017. RetrievedFebruary 1, 2018.
  2. ^"Contact UsArchived 2015-02-17 at theWayback Machine." Pilgrim's Pride. Retrieved on February 3, 2011. "Pilgrim's Corp. 1770 Promontory Circle Greeley, CO 80634."
  3. ^"Our Company - At a Glance". Archived fromthe original on January 10, 2011.
  4. ^"About Us - Pilgrim's".www.Pilgrims.com. RetrievedFebruary 1, 2018.
  5. ^"The bird that goes around, stays around".Washington Post. RetrievedJanuary 31, 2018.
  6. ^"WATT PoultryUSA 2024 Top Broiler Company Profiles".www.wattpoultryusa-digital.com. RetrievedJuly 6, 2025.
  7. ^"Pennsylvania Firm Expands Recall Of Turkey And Chicken Products For Possible Listeria Contamination". Archived fromthe original on October 30, 2006.
  8. ^"Food Ingredients & Food Science - Additives, Flavours, Starch".
  9. ^Burros, Marian (October 30, 2002)."EATING WELL; Listeria Thrives in a Political Hotbed".The New York Times. RetrievedMay 22, 2010.
  10. ^"ConAgra Sells Poultry Business".LivestockWeekly.com. Archived fromthe original on November 28, 2016. RetrievedFebruary 1, 2018.
  11. ^Dena Cologgi."Advisories". Dec.state.ak.us. RetrievedAugust 13, 2022.
  12. ^McNeil Jr, Donald G. (July 25, 2004)."The Nation: Gaining Ground; At Last, a Company Takes PETA Seriously".The New York Times. RetrievedJuly 30, 2009.
  13. ^"Animal cruelty taped at KFC supplier".CNN. July 20, 2004. RetrievedMay 22, 2010.
  14. ^https://www.iatp.org/news/pilgrims-pride-terminates-11-employees-based-on-moorefield-west-virginia-investigation
  15. ^https://ir.pilgrims.com/news-releases/news-release-details/pilgrims-pride-completes-acquisition-gold-kist
  16. ^Geller, Martinne (December 17, 2007)."UPDATE 2-Pilgrim's Pride CEO dead after stroke".Reuters.
  17. ^"91 Pilgrim's Pride workers face criminal charges in ongoing identity theft probe".www.ICE.gov. Archived fromthe original on May 28, 2010. RetrievedFebruary 1, 2018.
  18. ^"PILGRIM'S PRIDE FILES FOR BANKRUPTCY". December 1, 2008. Archived fromthe original on June 6, 2020. RetrievedJune 6, 2020.
  19. ^"Tyson Foods wins battle to buy Hillshire Brands".The Boston Journal. May 29, 2014. Archived fromthe original on May 29, 2015. RetrievedJune 10, 2014.
  20. ^Lonnie ‘Bo’ Pilgrim, poultry baron and prominent Texas political donor, dies at 89, Smith, Harrison.Washington Post; published July 25, 2017; retrieved August 2, 2017
  21. ^"Pilgrim's Pride finance chief to take over as CEO after Penn steps down".Reuters. September 23, 2020. RetrievedSeptember 23, 2020.
  22. ^"One of the Nation's Largest Chicken Producers Pleads Guilty to Price Fixing and is Sentenced to a $107 Million Criminal Fine". February 23, 2021.
  23. ^"Kerry Group to sell consumer foods meat and meals business to Pilgrim's Pride". Reuters. June 17, 2021. RetrievedJune 17, 2021.
  24. ^"Archived copy". Archived fromthe original on September 28, 2021.{{cite web}}: CS1 maint: archived copy as title (link)
  25. ^abSummer, Danielle (May 3, 2023)."First-ever undercover footage in UK slaughterhouse shows stunned pigs before slaughter".International Business Times UK Edition. RetrievedSeptember 26, 2024.
  26. ^Ence Morse, Clara (May 9, 2025)."Meet the top donors to Trump's $239 million inauguration fund".Washington Post. Archived fromthe original on May 15, 2025. RetrievedJuly 23, 2025.
  27. ^Durbin, Dee-Ann (May 23, 2025)."JBS shareholders approve US stock listing despite pushback from environmental groups and others".Associated Press. Archived fromthe original on May 24, 2025. RetrievedJuly 23, 2025.
  28. ^Ionavo, Ana (June 25, 2025)."After Trump's Election, a Troubled Meatpacker Makes a Stunning Comeback".New York Times. Archived fromthe original on June 25, 2025. RetrievedJuly 23, 2025.
  29. ^"Pilgrim's Pride cutting 213 jobs & Nightly RoundupArchived 2020-07-30 at theWayback Machine."KERA. April 12, 2010. Retrieved on February 3, 2011.
  30. ^"UPDATE 1-Pilgrim's Pride sets layoffs; integration begins."Reuters. January 5, 2010. Retrieved on February 3, 2011.
  31. ^"Chickens".Last Week Tonight with John Oliver. May 17, 2015.Archived from the original on December 22, 2021. RetrievedMay 19, 2015..
  32. ^Huff, Jess (April 29, 2020)."Majority of new cases on Monday from Pilgrim's Pride, officials say: County judge says testing in Angelina County will increase 'almost immediately'".Lufkin Daily News. RetrievedMay 16, 2020.
  33. ^"Coronavirus In Texas: Pilgrim's Pride Plant Worker Found Dead In Home". May 12, 2020. RetrievedMay 16, 2020.
  34. ^"COVID-19 testing finds 18 positive cases at Pilgrim's Pride Moorefield".WHSV-TV. May 15, 2020. RetrievedMay 16, 2020.
  35. ^Walsh, James; Hughlett, Mike (May 12, 2020)."COVID-19 cases hit 194 at Minnesota meat processing plant".Star Tribune.
  36. ^Flessner, Dave (May 11, 2020)."Worker at Pilgrim's Pride poultry plant tests positive for COVID-19".Chattanooga Times Free Press. RetrievedMay 16, 2020.

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