date:Apr 01, 2013
esses that Koch Foods expansion will spawn in area counties.
Before its Chapter 11 bankruptcy protection filing in October 2011, Atlanta-based Cagles had been slashing its workforce sharply as production slowed. Soaring feed costs were hurting the company, with sales of chicken breasts sliding at the same time.
That prompted the company, founded in 1945, to reduce production shifts, followed by layoffs that eventually cut the one-time major employer to the bone as its financial losses mounted.