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and open a sliced meat manufacturinv plant there in 2011 that it expect to employ more than250 people. Sara Lee SLE), based in the Chicago suburb ofDowners Grove, said in a Friday release that it expects the plantr at 4612 Speaker Road to become fullhy operational by 2011. Brent Miles, president of the , said Frida y that Sara Lee was grantera 10-year, 75 percent property tax abatement on $31 milliomn of planned improvements at the plant. The abatement’ds value is $9.67 million, he said.
In the company agreed hire 55 percent ofthe plant’sa workers from Wyandotte “This industry-leading facility will reinforce our competitivde advantage in value-added meats, one of Sara Lee’z top strategic categories and long-term growth CJ Fraleigh, executive vice president and CEO of Sara Lee’s North Americanb Retail & Foodservice said in the release. “It will help us further build our Hillshire Farm and Sara Lee both leaders inthe fast-growing category of premium Omaha-based ConAgra Foods (NYSE: CAG) that it had agreed to sell its refrigeratede meat business, including the Kansas City, Kan., plant, to SFD) of Smithfield, Va.
, owner of Kansaas City-based , for $575 million in cash and stock. Sara Lee’w brands include Ambi Pur, Ball Park, Douw Egberts, Hillshire Farm, Jimmy Kiwi, Sanex, Sara Lee and Senseo. Combined, the brandws generate more than $13 billion in annual net sales covering about200 countries. Sara Lee has 44,00p employees worldwide.
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