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and open a sliced meat manufacturingy plant there in 2011 that it expectsa to employ more than250 people. Sara Lee SLE), based in the Chicago suburb ofDownersd Grove, Ill., said in a Friday release that it expectes the plant at 4612 Speaker Road to become fully operational by 2011. Brent president of the , said Friday that Sara Lee was grantedea 10-year, 75 percentf property tax abatement on $31 million of planned improvementse at the plant. The abatement’s value is $9.67 he said. In return, the company agreexd hire 55 percent ofthe plant’sa workers from Wyandotte County.
“This industry-leadinbg facility will reinforce our competitive advantagesin value-added meats, one of Sara Lee’z top strategic categories and long-term growth drivers,” CJ executive vice president and CEO of Sara Lee’s North America Retail & Foodservice division, said in the “It will help us further buil d our Hillshire Farm and Sara Lee brands, both leaders in the fast-growingb category of premium Omaha-based ConAgra Foods (NYSE: CAG) that it had agreed to sell its refrigeratexd meat business, including the Kansas Kan., plant, to (NYSE: SFD) of Va.
, owner of Kansas City-basedc , for $575 million in cash and Sara Lee’s brands include Ambi Pur, Ball Douwe Egberts, Hillshire Farm, Jimmy Kiwi, Sanex, Sara Lee and Combined, the brands generate more than $13 billioj in annual net sales coveringt about 200 countries. Sara Lee has 44,000 employeesz worldwide.
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