News 1497 views update:Mar 9, 2016

Butterball to acquire Gusto Packing Company

US turkey producer Butterball, has acquired Gusto Packing Co., a family owned and operated business that offers six basic product lines; Hickory & Apple Wood Smoked Bacon, Bone-In Smoked Pork & Turkey Products, Smoked Boneless Hams, Cooked Hams, Pork & Turkey Deli Meats and Spiral Sliced Hams.

"We are pleased to welcome the Gusto team to the Butterball family and look forward to working closely together," said Rod Brenneman, chief executive officer of Butterball. "With Gusto's 260,000-square-foot facility, we are adding approximately 325 million pounds of further processed capacity to our operations. This additional capacity allows us to support Butterball branded geographic expansion and achieve greater account penetration within current markets. It also affords us the ability to develop and manufacture innovative products for the Butterball brand."

Brenneman continued, "The Butterball brand remains intensely focused on its core product offering, which is turkey. The acquisition provides Gusto with the opportunity to benefit from a national logistics and distribution network and further enhance quality and food safety initiatives."

Headquartered in Garner, N.C., Butterball is the largest producer of turkey products in the US – producing more than 1 billion pounds of turkey each year. The company's retail and foodservice products are distributed throughout the US and in more than 33 countries.

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