Business

Chicken processor to eliminate Siler City jobs

Posted May 4, 2011

— A chicken processor that emerged from bankruptcy in February under a new owner plans to eliminate 145 jobs at its Siler City plant.

Townsends Inc. filed a 60-day notice of the layoffs on Monday with the state Department of Commerce. The notice said the company would shed half of the workers at the plant at 1101 E. Third St. in Siler City during the first week of July.

The company employs about 1,200 people in Chatham County and has contracts with scores of chicken farmers across central North Carolina to supply its area plants.

Townsends Inc. filed for Chapter 11 bankruptcy protection in December, saying it had more than $100 million in liabilities because of a combination of high feed costs and low prices for chicken. Omtron Ltd., an affiliate of Agroholding Avangard, Ukraine’s largest egg producer, bought Townsends' North Carolina plants, its headquarters in Delaware and other assets for $24.9 million.

In the notice filed with the state, Omtron said the operation's revenues haven't kept pace with costs.

6 Comments

This story is closed for comments. Comments on WRAL.com news stories are accepted and moderated between the hours of 8 a.m. and 8 p.m. Monday through Friday.

Oldest First
View all
  • SARCASTICLES May 4, 6:00 p.m.

    No cheese = No rats. "A journey of a thousand miles begins with a single step" Good luck, Siler City....maybe this is the way you get your town back. ;)

  • whatelseisnew May 4, 4:38 p.m.

    "Well, Siler City is slowing drying up. There is no jobs to had there and the leaders of the that town and county simply don't care at all. Its a shame people have to work in other cities and counties to have a job. Siler City needs to wake up, before their town dies."

    Really, so if YOU decide you want to live in a particular location, then OTHERS are responsible to making sure you have employment. Interesting.

  • GWALLY May 4, 3:29 p.m.

    The Chatham News also reported that the Townsend chicken processing plant in Pittsboro will be shut down by the end of July. It employees over 200 workers.

  • GoGreen May 4, 3:20 p.m.

    This is going to hit hard a thriving Hispanic community in Siler City.

  • wildcat May 4, 3:18 p.m.

    THE UNEMPLOYMENT PERCENT IS VERY HIGH IN SILER CITY. SO DON'T COME TO SILER CITY, NC. LOOKING FOR WORK. YOU WILL BE OUT OF LUCK.

  • wildcat May 4, 3:05 p.m.

    Well, Siler City is slowing drying up. There is no jobs to had there and the leaders of the that town and county simply don't care at all. Its a shame people have to work in other cities and counties to have a job. Siler City needs to wake up, before their town dies.