Pilgrim's Pride says it's closing a chicken processing plant in Dallas, eliminating 1,000 jobs, as it looks for ways to cut costs.
The Greeley, Colo.-based company said Friday that the plant would be closed within 60 days. It said production from the plant would be shifted to several of its other facilities in the area, including the processing and prepared-foods plants in Mount Pleasant, Texas.
Pilgrim's Pride said it expects to be able to offer jobs at other facilities to employees who are losing their jobs. It also said it would offer transition programs to help those workers who don't stay with the company.
The announcement came as the company announced it lost money in the second quarter because of higher feed costs, lower consumer demand and an oversupply of chicken.