WYOMING — After back-to-back years of losing money in a volatile turkey market, a local co-op will hedge against fluctuating commodity prices by cooking more of its meat.
Michigan Turkey Producers is spending $3.6 million to increase production capacity at 1100 Hall St. SW by more than 50 percent.
The project, spurred by undisclosed private-label deals, will add 35 jobs, co-op representative said.
"The cooked business is the reason why we only lost a little money," said Dan Lennon, president and chief executive officer. "You're adding value to the product. You're getting that much closer to the stage at which the consumer can eat it."
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