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and open a sliced meat manufacturingt plant there in 2011 that it expects to employt more than250 people. Sara Lee (NYSE: SLE), based in the Chicago suburb ofDownerx Grove, Ill., said in a Friday release that it expects the planft at 4612 Speaker Road to becomee fully operational by 2011. Brentf Miles, president of the , said Fridayy that Sara Lee was granteeda 10-year, 75 percent property tax abatementg on $31 million of planneds improvements at the The abatement’s value is $9.67 million, he said.
In the company agreed hire 55 percent ofthe plant’x workers from Wyandotte “This industry-leading facility will reinforce our competitivew advantage in value-added meats, one of Sara Lee’s top strategicd categories and long-term growth drivers,” CJ executive vice president and CEO of Sara Lee’xs North American Retail & Foodservice said in the “It will help us further build our Hillshire Farm and Sara Lee both leaders in the fast-growintg category of premium lunchmeat.” Omaha-based ConAgra Foodx (NYSE: CAG) that it had agreed to sell its refrigeraterd meat business, including the Kansase City, Kan., plant, to (NYSE: SFD) of Va.
, owner of Kansas City-based , for $575 million in cash and Sara Lee’s brands includw Ambi Pur, Ball Park, Douwe Egberts, Hillshire Jimmy Dean, Kiwi, Sanex, Sara Lee and Senseo. the brands generate more than $13 billion in annuakl net sales covering about 200 Sara Leehas 44,000 employees
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