In commenting on today’s sale, Bob Johnson, House of Raeford CEO and Owner, said:
“House of Raeford is pleased that Brakebush, one of the country’s premier further processing companies, will rebuild, upfit and continue to operate the Mocksville plant following the fire last December. The transaction will maintain quality employment and business opportunities in the community through the continued operation of this facility. We appreciate the patience of our employees through this transition.”
In addition to the asset sale, the transaction provides for long-term reciprocal supply agreements between the parties. This transaction will result in continued production and employment in the area, an assured supply of raw material for Brakebush and its customers, and a continued supply of quality, fully cooked chicken products for House of Raeford customers.