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Cal-Maine Foods

#2906

Rank

$5.21B

Marketcap

US United States

Country

Cal-Maine Foods
Leadership team

Mr. Adolphus B. Baker (Exec. Chairman)

Mr. Max P. Bowman (VP, CFO, Sec. & Director)

Mr. Sherman L. Miller (CEO, Pres & Director)

Products/ Services
Food Processing
Number of Employees
1,000 - 20,000
Headquarters
Jackson, Mississippi, United States
Established
1957
Company Registration
SEC CIK number: 0000016160
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
CALM
Social Media
Overview
Location
Summary
Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, and 4-Grain brand names, as well as under private labels. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi.
History

On May 1, 2012, Cal-Maine announced a joint venture between the cooperative Eggland's Best and Land O'Lakes. Cal-Maine was the largest franchisee of Eggland's Best and one of the company's 13 shareholders. As of 2011, 16 percent of Cal-Maine egg sales were Eggland's Best.In 2018, an investigation at Lake Wales Farm by the animal rights group Animal Recovery Mission indicated that chickens suffer inhumane living conditions and abuse by employees. After further investigation by the Polk County sheriff's department and the United States Department of Agriculture it was found that the farm had followed American Veterinary Medical Association protocols for euthanizing poultry. No confirmation of abuse was found. According to the San Francisco Chronicle, in response to the COVID-19 pandemic, Cal-Maine increased egg prices 300% triggering at least one lawsuit that alleges the price for a dozen eggs increased from $1 to $3.44 despite no interruption to its supply chain. Early in the morning of December 17, 2020, a fire destroyed two barns at Cal-Maine's Dade City, Florida facilities. The fire killed over 240,000 chickens, including 120,000 pullets; the financial loss was estimated to be over $1 million.

Mission
To be the most sustainable producer and reliable supplier of consistent, high quality fresh eggs and egg products in the country, demonstrating a “Culture of Sustainability” in everything we do.
Vision
The Vision of Cal-Maine Foods, Inc. is to be an innovative, leading food industry partner with integrity, providing our customers and consumers with value in all that we do.
Key Team

Mr. Charles Jeff Hardin (Sr. VP of Sales)

Mr. Robert L. Holladay Jr. (VP & Gen. Counsel)

Mr. Matt Glover (VP of Accounting)

Ms. JiaVonne' Scott (VP of Treasury)

Mr. Matthew Arrowsmith (VP of Egg Sales)

Recognition and Awards
Cal-Maine Foods, Inc. has been the recipient of numerous awards for its outstanding achievements in business and community development. These awards include the Environmental Protection Agency Award for Excellence in Food Safety and Quality, the Innovation in Technology Award from the Southern United Poultry Science Council and the Agricultural Business of the Year Award from the Academy of Agricultural Business.
References

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Cal-Maine Foods
Leadership team

Mr. Adolphus B. Baker (Exec. Chairman)

Mr. Max P. Bowman (VP, CFO, Sec. & Director)

Mr. Sherman L. Miller (CEO, Pres & Director)

Products/ Services
Food Processing
Number of Employees
1,000 - 20,000
Headquarters
Jackson, Mississippi, United States
Established
1957
Company Registration
SEC CIK number: 0000016160
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
CALM
Social Media