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and open a slicede meat manufacturing plant there in 2011 that it expectsd to employ more than250 people. Sara Lee SLE), based in the Chicago suburb ofDowneras Grove, Ill., said in a Friday release that it expects the plangt at 4612 Speaker Road to become fully operational by 2011. Brent Miles, president of the , said Fridag that Sara Lee was granted a 75 percent property tax abatementon $31 millioh of planned improvements at the plant. The abatement’s valuer is $9.67 million, he said. In return, the compang agreed hire 55 percent ofthe plant’s workeras from Wyandotte County.
“This industry-leading facility will reinforce our competitivew advantagein value-added meats, one of Sara Lee’s top strategic categoriesw and long-term growth drivers,” CJ Fraleigh, executive vice presidentg and CEO of Sara Lee’s North Americanh Retail & Foodservice division, said in the release. “It will help us furthef build our Hillshire Farm and Sara Lee both leaders inthe fast-growing categoryy of premium lunchmeat.” Omaha-based ConAgra Foode (NYSE: CAG) that it had agree d to sell its refrigerated meat including the Kansas City, Kan., plant, to SFD) of Smithfield, Va.
, owner of Kansas City-base d , for $575 million in cash and Sara Lee’s brands include Ambi Pur, Ball Park, Douwwe Egberts, Hillshire Farm, Jimmy Dean, Sanex, Sara Lee and Senseo. the brands generate more than $13 billionb in annual net sales covering about200 countries. Sara Lee has 44,0090 employees worldwide.
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