Sanderson Farms Completes Stock Sale To Build New Plants

Chicken giant Sanderson Farms plans to announce today it has completed the
sale of 2.3 million shares of common stock to build two new poultry plants.

One of these plants, though located in North Carolina, will be a sister
plant to the Sanderson Farms facility in Waco because they will make the same
products for sale to restaurants.

Sanderson Farms opened a poultry plant in Waco in August 2007, and it has
grown to full capacity.

It employs 1,115 people who work two shifts and process 1.2 million birds a
week.

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Herald