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Cal-Maine Foods has reached a definitive agreement to acquire a broiler processing plant, hatchery and feed mill previously operated by Tyson Foods in Dexter, Missouri, US. The company plans to convert the plant into an egg-grading facility. Cal-Maine said that it anticipates making additional investments in the facilities and community, generating new job opportunities and that the plant also has the potential for other capabilities, such as hard-cooked egg production. As part of the acquisition, Cal-Maine Foods expects to enter into agreements with select former contract farmers of Tyson to convert their operations to support Cal-Maine's cage-free, free-range or pasture-raised egg production. Sherman Miller president and chief executive officer of Cal-Maine, said: “We are pleased to announce the proposed acquisition of the assets of Tyson’s former broiler processing facility in Dexter, Missouri. This transaction is consistent with our growth strategy to expand our business through selective acquisitions in addition to our organic growth initiatives." "The Dexter location offers an important opportunity to expand our geographic footprint and enhance our ability to serve our valued customers with added production and distribution capabilities in Missouri and surrounding markets. We look forward to working with the Tyson team to close the transaction and to working with the contract growers who will support our shell egg production capabilities. As we extend our market reach, we remain focused on the efficient and sustainable management of our existing and acquired operations and meeting the demands of our customers.”