Wednesday, October 9, 2024

Cal-Maine announces $82M investment to its cage-free egg production

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RIDGELAND, Miss. — Cal-Maine Foods Inc. has announced that its Board of Directors has approved new capital projects to further expand the company’s cage-free egg production capabilities. The company plans to fund the proposed projects for an estimated total of $82 million through a combination of available cash on hand, investments and operating cash flow.

The proposed projects will include the following Cal-Maine Foods’ locations:

  • Delta, Utah — four new cage-free layer houses and two pullet house conversions with capacity for approximately 810,000 cage-free layer hens. Work is expected to commence immediately with. . .

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