Cal-Maine Foods invests up to $18.5M in MeadowCreek Foods for specialty egg products

CAL-MAINE FOODS INC

Investment up to $18.5M in debt and equity to establish MeadowCreek Foods, LLC in Neosho, MO.
Focus on hard-cooked and extended shelf-life egg product lines for foodservice and retail.
Cal-Maine retains controlling interest; Ronald B. Bennett named President with 30 years of industry experience.
Cal-Maine will be preferred egg supplier; venture targets rising demand for specialty and cage-free egg products.
Strategic move to expand presence in the growing egg products processing sector (30% of U.S. eggs further processed).

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