Cal-Maine Foods to acquire Fassio Egg Farms assets with 1.2M-hen capacity

CAL-MAINE FOODS INC

Assets include commercial shell egg facilities, feed mill, pullets, fertilizer operation, and land in Erda, Utah.
Current capacity of ~1.2M laying hens, primarily cage-free, boosting cage-free egg production.
Expected close within weeks, subject to customary conditions; deal value not disclosed.
CEO cites expansion in western US and ability to serve customers and shareholders more effectively.

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