The company said it has seen consumers pull back on spending.

Video: See inside Demakes' HPP process enabling their craft of clean label, value-added meat.

The poultry company said it could not secure financing.

The processor is investing $9 million in a pilot project to accelerate the adoption of the Pará Plan.

The processor faces penalties totaling more than $277,900.

The new chicken sandwich line features spicy and Southern style flavors.

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The company plans to cease slaughtering operations at the plant.

Crues was previously a managing partner at the company.

Aziz Taour has served as CFO since April 2022.