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Sale soothes area’s uncertainty

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Jindal was in Farmerville for a news conference about Friday’s sale of the northeastern Louisiana poultry plant to Foster Farms of Livingston, Calif.

Foster Farms and the state combined for an $80 million buyout of Pilgrim’s Pride’s Farmerville operations, with each putting up $40 million. Foster Farms has also agreed to invest $10 million for upgrades to the facility, with the state also matching that capital investment effort.

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