Perdue Farms plans to close a processing plant in Tennessee that employs more than 430 people. In a news release Thursday, the company confirmed that the Monterey facility would close in late March. It said changes in market demand and how the company produces and supplies its products have affected the Monterey plant in

Poultry processor Perdue Farms plans to close a processing plant in Monterey, Tenn., on March 28, resulting in 433 people being laid off.

More than 400 employees are being impacted by the closure of the Perdue Farms Monterey plant. Putnam County Mayor Randy Porter reacted to the news.

JBS USA and Perdue Farms will each pay $4 million for employing children through third-party staffing agencies, officials announced this week.

MONTEREY, TENN. – Poultry processor Perdue Farms plans to close a processing plant in Monterey, Tenn., on March 28 which includes 433 people being laid off, according to reports by the Putnam County Mayor Randy Porter and the Cookeville-Putnam County Chamber of Commerce.

The company that runs what is commonly known as the chicken processing plant in Monterey has announced plans to shut down its Putnam County plant.

The closure of a chicken processing plant will put 433 people out of work, according to the Putnam County Chamber of Commerce and mayor.

JSB and Perdue Farms agreed to settlements of $4 million each, while QSA, which employed 54 children, will pay $400,000.

Listen to this article Perdue Farms has agreed to pay $4 million in restitution to settle a federal investigation into alleged child labor violations at the company’s poultry processing plant on Virginia’s Eastern Shore.

Agribusiness giants Purdue Farms and JBS Foods, along with a slaughterhouse cleaning company, paid about $8.4 millions in fines for having underaged workers in dangerous jobs.

Stocks broadly got a lift this week from an encouraging report on U.S. inflation, which raised hopes that the Federal Reserve may deliver more interest rate cuts this year. Wall Street has been lurching down and up in recent weeks as economic reports pushed traders to revamp their expectations about what the Fed will do.