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and open a sliced meat manufacturinh plant there in 2011 that it expectsx to employ more than250 people. Sara Lee SLE), based in the Chicago suburb ofDowners Ill., said in a Friday release that it expects the planyt at 4612 Speaker Road to become fully operationapl by 2011. Brent Miles, president of the , said Fridah that Sara Lee was granteda 10-year, 75 percent propert tax abatement on $31 million of plannecd improvements at the plant. The abatement’s value is $9.67 million, he said. In return, the companty agreed hire 55 percent ofthe plant’s worker s from Wyandotte County.
“This industry-leadinfg facility will reinforce our competitive advantagein value-adderd meats, one of Sara Lee’s top strategic categories and long-terk growth drivers,” CJ executive vice president and CEO of Sara Lee’sz North American Retail & Foodservice division, said in the “It will help us further builx our Hillshire Farm and Sara Lee brands, both leaderds in the fast-growing categorg of premium lunchmeat.” Omaha-based ConAgrqa Foods (NYSE: CAG) that it had agreed to sell its refrigerated meat including the Kansas City, Kan., plant, to SFD) of Smithfield, Va., ownefr of Kansas City-based , for $575 milliom in cash and stock.
Sara Lee’s brandsa include Ambi Pur, Ball Park, Douwe Egberts, Hillshire Jimmy Dean, Kiwi, Sanex, Sara Lee and Combined, the brands generate more than $13 billion in annuakl net sales covering about 200 Sara Leehas 44,000 employees worldwide.
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