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Foster Farms was founded in 1939 when Max and Verda Foster borrowed $1,000 against their life insurance policy to buy a repossessed 80-acre farm near Modesto, California.
By 1942 the couple's venture had succeeded to the point that Max was able to quit his job at the paper and commit himself to the family business full time.
After buying a second farm, the company acquired a feed mill in 1950.
In 1955, Zacky Farms was incorporated.
Expansion in California: 1959-87
Foster Farms embraced this trend in 1959 when it bought a processing plant in Livingston, California.
Zacky built a chicken hatchery in 1967.
Under his guidance, Foster Farms acquired a distribution and sales center in El Monte, California, in 1973.
In 1982, the company purchased the assets of The Grange Company and its subsidiary, Valchris Poultry.
In 1982, McDonald's introduced a new product--nuggets of boneless, deep-fried chicken that came with a dipping sauce.
Zacky added turkey to the mix in 1984 with the purchase of Swift and Company's turkey assets, which included hatcheries, growout ranches, a processing plant, a packaging building, and a cold storage facility.
During that time, the chickens had constant access to the company's own corn and soybean meal feed. 'They are pampered,' a Foster Farms spokesperson explained to the San Francisco Chronicle on June 2, 1987. 'Good chicken is good business.'
Expansion into Oregon and Washington: 1987-98
Perdue aired a series of commercials featuring the company's eponymous chairman, Frank Perdue, proclaiming that 'it takes a tough man to make a tender chicken.' Recognizing the need to defend its position, Foster Farms also increased its television marketing presence in 1988.
Most importantly, Foster Farms acquired a turkey processing plant in Fresno, California, from Roxford Foods in November 1989.
A new feed mill that Zacky opened in Traver in 1991 was one of the poultry industry's first automated operations.
In 1994, Foster Farms made a more aggressive move into the markets of the Northwest when it purchased Lynden Farms for an estimated $8.2 million.
Though the privately held operation was tightlipped about its sales figures, Foster Farms did announce that its 1996 sales had topped $900 million.
By the close of 1998, Foster Farms processed about 130 million pounds of poultry at its Northwest facilities.
1998: Company opens new processing plant in Kelso, Washington.
Zacky also had to contend with a misfortune that adversely impacted the company's ability to compete when, in April 2000, Albert Zacky, president of Zacky Farms, died of an apparent heart attack at the age of 71.
Both projects were completed in the early weeks of 2000.
In March 2001, Zacky Farms agreed to sell its chicken operations to Foster Farms, with Albert Zacky citing the federal inheritance tax as the compelling reason for the sale.
As part of its commitment to the turkey business, Zacky moved its corporate offices from El Monte near Los Angeles to Fresno in 2003.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Sparboe Companies | 1954 | $30.0M | 450 | - |
| Peterson Farms | 1984 | $160.0M | 400 | 31 |
| Butterball Farms | 1955 | $18.0M | 100 | 3 |
| Netafim USA | 1981 | $1.5M | 3 | 5 |
| Cahoon Farms | - | $700,000 | 19 | - |
| Riceland Foods | 1921 | $1.0B | 1,500 | 52 |
| Ampi | 1969 | $590.0M | 1,400 | 20 |
| Perdue Farms | 1920 | $6.7B | 21,000 | 485 |
| Maple Leaf Farms | 1958 | $130.0M | 650 | 22 |
| Foster Farms | 1939 | $3.0B | 10,001 | 72 |
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Zacky Farms may also be known as or be related to Zacky Farms and Zacky Farms LLC.