Investors Buy Dormant Pine Bluff Poultry Plant

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Reported by: Associated Press
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Updated: 3/14/2012 1:31 pm
PINE BLUFF, Ark. (AP, abc24.com) - A group of California investors has bought a former Tyson Foods Inc. poultry plant in Pine Bluff and plans to open the facility later this year.

Horizon Foods LP tells the Arkansas Democrat-Gazette that it hopes to create 170 jobs this year for workers to process hens.

Investor Rory Botto says about $3 million has been spent to renovate the plant, which was built in 1957 and closed in 2003.

The Economic Development Alliance of Jefferson County says it will provide Horizon Foods with $329,000 for a refrigeration system.

The Arkansas Economic Development Commission says the company could qualify for a state income-tax credit of 4 percent of the payroll for new jobs for five years, as well as a tax break on building materials, machinery and equipment.

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Information from: Arkansas Democrat-Gazette, http://www.arkansasonline.com

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