Cal-Maine Foods invests $6.75M for 51% stake in Crepini egg products JV

CAL-MAINE FOODS INC

Cal-Maine capitalizes Crepini Foods LLC with ~$6.75M cash for 51% interest; Crepini LLC contributes assets for 49%.
JV located in Hopewell Junction, NY, combines Cal-Maine's scale with Crepini's egg wraps, protein pancakes, and crepes.
Crepini products sold in over 3,500 retail stores and online; aligns with Cal-Maine's value-added growth strategy.
Investment complements Cal-Maine's Meadowcreek hard-cooked egg operation and expands product mix for retailers.

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