Conagra Brands to Invest $220 Million in Fayetteville Poultry Expansion
Conagra Brands will invest $220 million over multiple years to expand its Fayetteville, Arkansas poultry manufacturing facility. The expansion is projected to add over 100 jobs and significantly increase chicken production capacity, supporting future growth in Conagra’s frozen-foods and protein portfolio.
1. Investment Details
Conagra has committed approximately $220 million over several years to expand manufacturing operations at its Fayetteville, Arkansas poultry facility.
2. Capacity and Job Creation
The project is expected to increase chicken production capacity significantly and create over 100 jobs in the region within five years.
3. Strategic Growth and Innovation
This expansion supports Conagra’s plans to grow its frozen-foods business, enhance its protein portfolio, and leverage innovation across its supply chain.
4. Financial and Operational Context
Construction is scheduled to begin later this year, following second-quarter impairment charges of $968 million and ahead of third-quarter results due April 1.