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Daily's Premium Meats to expand Missouri plant with $95m investment
Daily's Premium Meats to expand Missouri plant with $95m investment

Yahoo

time16-05-2025

  • Business
  • Yahoo

Daily's Premium Meats to expand Missouri plant with $95m investment

Daily's Premium Meats has announced a $95m investment to expand its bacon processing plant in St. Joseph, Missouri. Expected to be completed by the summer 2026, the expansion will add 111,000 square feet of new space to the facility, including smoke houses, slicing rooms, bacon production and warehousing. The project is expected to create about 100 jobs, Daily's Premium Meats, which is equally owned by Seaboard Foods and Triumph Foods, said in a statement. It added that the expansion will boost bacon production for both the foodservice and retail channels. Separately, the Missouri Department of Economic Development said the St. Joseph plant currently produces 2.5% of the country's bacon, and with the expansion, that is likely to increase to 5%. Missouri Governor Mike Kehoe said: 'This company's [Daily's] strategic decision to grow in northern Missouri is a testament to the region's skilled workforce and ability to support leading manufacturers.' Daily's said in its statement that the parts of the current production zones, opened in 2016, will also be revamped to 'integrate new technologies and improve efficiency'. 'Daily's is proud to be part of the St. Joseph community and this expansion will not only enhance our production capabilities for premium bacon products but also bring valuable job opportunities, driving the economic growth of St. Joseph,' Joe Richmond, Daily's vice president and general manager, said. The upgrade will implement new technology, such as in-line slicing to 'increase efficiencies and yields', and equipment to 'optimise' belly sizing and docking before palletisation, the statement added. According to the Missouri Department of Economic Development, Daily's expansion will benefit from the Missouri Works programme, which supports business growth and employee retention by offering capital access through tax credits or withholdings tied to job creation. In addition to the St. Joseph plant, Daily's operates bacon processing facilities in Missoula, Montana, and Salt Lake City, Utah. "Daily's Premium Meats to expand Missouri plant with $95m investment " was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

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