Perdue Farms recently announced the closure of its chicken production plant in Monterey, Tennessee, resulting in the layoff of over 400 workers. The decision to shut down the facility on March 28 was attributed to changes in market demand and the need to adapt to the evolving preferences of today’s customers. The company stated that addressing the challenges faced by the Monterey plant would require significant additional investments to sustain operations.
As a result of the closure, approximately 433 jobs will be eliminated. Perdue Farms has committed to providing severance packages and job placement support to the affected employees. CEO Kevin McAdams expressed the company’s commitment to treating every impacted associate with dignity, respect, and care, acknowledging the hard work and dedication of the Monterey team and recognizing their contributions to the business.
Perdue Farms is not the only meatpacker to adjust its production capabilities in response to market dynamics. In recent years, other companies like Tyson Foods and Pure Prairie Farms have also made strategic decisions to close processing plants to address supply and demand imbalances and manage costs. Perdue Farms, founded in 1920, reported $9.8 billion in sales last year, with a focus on antibiotic-free chicken, turkey, pork, beef, and lamb products.
The closure of the Monterey plant has significant implications for the local community, as the facility has been a longstanding fixture in Monterey. Putnam County Mayor Randy Porter expressed sympathy for the impacted employees and pledged to work closely with local officials and the Chamber of Commerce to provide assistance during this challenging time.
The closure of the Perdue Farms plant in Monterey underscores the ongoing challenges faced by the poultry industry and the broader food processing sector. As companies continue to adapt to changing consumer preferences, market dynamics, and cost pressures, strategic decisions such as plant closures may become necessary to ensure long-term viability and sustainability.
In conclusion, the closure of the Perdue Farms plant in Monterey, Tennessee, and the subsequent layoff of over 400 workers highlights the complex and evolving nature of the food processing industry. As companies navigate these challenges, it is crucial to prioritize the well-being of employees and communities impacted by such decisions, while also ensuring the long-term success and sustainability of the business.