The Pilgrim's Pride headquarters in East Texas will be closed. According to a company press release, the headquarters in Pittsburg, Texas will be shut down and will be consolidated with the JBS USA headquarters.
JBS purchased a 64 percent ownership stake in Pilgrim's Pride, when the company filed for bankrupty last year. The headquarters shutdown will likely result in a number of layoffs that could cost the East Texas town more than a hundred jobs.
If your company has questions about a bankruptcy filing, contact the Austin bankruptcy attorneys of Slater Kennon LLP, at 512-338-1100.