Cal-Maine Foods, Inc. Reports Fire at Farwell, Texas Facility

Fri Jul 10, 2009 11:56am EDT
 
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JACKSON, Miss.--(Business Wire)--
Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that the Company`s egg
complex in Farwell, Texas, was damaged by a fire on July 9, 2009. The 700 acre
facility includes a processing plant, feed mill, two pullet houses, and nine
layer houses. The fire completely destroyed four of the nine layer houses, with
additional loss of laying hens at a fifth house due to smoke inhalation. There
were no personal injuries sustained and minimal physical damage to the rest of
the complex. An investigation is underway to determine the origin of the fire. 

At capacity, the Farwell complex can house up to 1.5 million laying hens and
currently accounts for approximately three to four percent of the Company`s
weekly production. All of Cal-Maine`s facilities are fully insured for their
replacement value, including the estimated loss of production. 

Fred Adams, chairman and chief executive officer of Cal-Maine Foods, Inc.,
remarked, "We are very fortunate that this fire occurred at the end of the work
day and there were no personal injuries sustained. At this time, we are still
assessing the total extent of the damage caused by this accident. However, we
believe this will have minimal financial impact on our operations and do not
expect any long-term disruption to our customers." 

Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packing
and sale of fresh shell eggs. The Company, which is headquartered in Jackson,
Mississippi, currently is the largest producer and distributor of fresh shell
eggs in the United States and sells the majority of its shell eggs in
approximately 29 states across the southwestern, southeastern, mid-western and
mid-Atlantic regions of the United States. 

Statements contained in this press release that are not historical facts are
forward-looking statements as that term is defined in the Private Securities
Litigation Reform Act of 1995.Such forward-looking statements are subject to
risks and uncertainties (contained in the Company`s SEC filings) that could
cause actual results to differ materially from those projected.SEC filings may
be obtained from the SEC or by contacting the Company.







Cal-Maine Foods, Inc.
Fred Adams, Jr., Chairman and CEO
or
Timothy A. Dawson, Vice President and CFO
601-948-6813 



Copyright Business Wire 2009

 

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