Advertisement
Canada markets open in 2 hours 15 minutes
  • S&P/TSX

    21,837.18
    -12.02 (-0.06%)
     
  • S&P 500

    5,149.42
    +32.33 (+0.63%)
     
  • DOW

    38,790.43
    +75.63 (+0.20%)
     
  • CAD/USD

    0.7369
    -0.0020 (-0.27%)
     
  • CRUDE OIL

    82.62
    -0.10 (-0.12%)
     
  • Bitcoin CAD

    84,984.95
    -7,507.02 (-8.12%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,157.80
    -6.50 (-0.30%)
     
  • RUSSELL 2000

    2,024.74
    -14.58 (-0.72%)
     
  • 10-Yr Bond

    4.3400
    0.0000 (0.00%)
     
  • NASDAQ futures

    18,150.50
    -81.00 (-0.44%)
     
  • VOLATILITY

    14.62
    +0.29 (+2.02%)
     
  • FTSE

    7,706.77
    -15.78 (-0.20%)
     
  • NIKKEI 225

    40,003.60
    +263.20 (+0.66%)
     
  • CAD/EUR

    0.6791
    -0.0001 (-0.01%)
     

Poultry producer Pilgrim's Pride lifts wages in tornado-hit Mayfield

Devastating outbreak of tornadoes ripped through several U.S. states

(Reuters) - Pilgrim's Pride Corp said on Friday it would raise starting wages for workers at its Mayfield, Kentucky, production facility by $2 to $16.50 per hour after the area was devastated by a chain of deadly tornadoes last month.

The tornadoes killed at least 64 people in Kentucky, destroyed one Pilgrim's Pride chicken hatchery and significantly damaged another which supplied to farmers near Mayfield, a town of 10,000 that suffered some of the worst damage.

The company negotiated the permanent pay increase with the UFCW Local 227 workers union for the Mayfield facility, which employs more than 1,500 people.

The total wage increase amounts to $4.5 million on an annualized basis, it said.

ADVERTISEMENT

The raise also comes at a time when the U.S. meatpacking sector faces large-scale staffing shortages due to the spread of the Omicron coronavirus variant among workers.

(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Devika Syamnath)