Reported 1 day ago
Perdue Farms has announced the closure of its processing plant in Monterey, Tennessee, which employs over 430 workers, citing changes in market demand and production methods as the reasons. The closure is scheduled for late March, and affected employees will receive severance packages and job placement assistance. CEO Kevin McAdams emphasized the difficult nature of this decision but stated it is necessary for the company's future sustainability.
Source: YAHOO