Cal-maine foods, inc. announces expansion plans for additional cage-free production capabilities

Ridgeland, miss.--(business wire)--cal-maine foods, inc. (nasdaq: calm) today announced that on october 4, 2024, its board of directors approved $40 million in new capital projects to further expand the company's cage-free production capabilities. the company plans to fund the projects through a combination of available cash on hand, sales of investment securities and operating cash flow. the projects will include the addition of five new cage-free layer houses across the company's locations in.
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