StockWatch
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Meat/Poultry/Fish
RestructuringJun 12, 2026, 12:31 PM

Pilgrim's Invests $75M in Ellijay, Closes Chattanooga Harvesting

AI Summary

Pilgrim's announced a strategic investment of approximately $75 million to expand and modernize its Ellijay, Georgia poultry facility. This investment aims to increase capacity for higher-value, boneless chicken products, aligning with evolving consumer preferences and supporting key customer growth. As part of this strategic shift, the company will close the aging harvesting portion of its Chattanooga, Tennessee operations, affecting 348 team members who will receive support for transfers and new opportunities. The Chattanooga deboning infrastructure will continue to support the expanded Ellijay operations.

Key Highlights

  • Pilgrim's to invest approximately $75 million to expand and modernize its Ellijay, Georgia facility.
  • The investment will increase harvesting and portioning capacity for higher-value, boneless chicken products.
  • Pilgrim's will close the aging harvesting portion of its Chattanooga, Tennessee operations.
  • The Chattanooga closure affects 348 team members, who will receive support for transfers and new roles.
  • Chattanooga's deboning infrastructure will continue to support Ellijay's expanded operations.