Rancho Poultry, a joint venture between two McDonald’s suppliers, has announced plans to locate a $43 million chicken processing facility in Lebanon that will create approximately 250 jobs for the area.
Rancho Poultry is a joint partnership between Keystone Foods of Pennsylvania, and Lopez Foods of Oklahoma and is major supplier of processed chicken to restaurants and food stores. The company’s major clients include McDonald’s and Wal-Mart.
Rancho Poultry plans to construct a 100,000 s.f. facility on 25 acres in Lebanon. Two processing lines will be installed that will be capable of producing 60 million pounds of partially cooked, battered and breaded chicken products. An additional third product line is already being considered by the company, which would add an additional 50 jobs.
The Kentucky Economic Development Finance Authority granted final approval to Rancho Poultry in June for tax benefits up to $7.5 million under the Kentucky Rural Economic Development Act, a program designed to increase manufacturing employment in the state.