Maxwell Foods Selling 45,000 Sows to Clemens Food Group
Maxwell Foods, based in Goldsboro, North Carolina, is selling 30,000 sows in North Carolina and 15,000 sows in Indiana to Clemens Food Group, of Hatfield, Pennsylvania. The agreement is expected to close in late 2019.
The sale includes the assets of Maxwell Farms of Indiana, Maxwell Milling of Indiana, as well as breeding stock in North Carolina that is dedicated to supplying pigs for grow-out in Indiana.
Before the pending sale, Maxwell Foods had 99,000 sows as reported in the annual Pork Powerhouses ranking of the top U.S. pig producers.
Clemens Food Group had 66,000 sows before the Maxwell purchase. Clemens is a 124-year-old family-owned pork packing business with two plants, one in Pennsylvania and the newest in Michigan.