• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Simmons Foods buys Peterson Industries

Status
Not open for further replies.

Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
Announced today that Simmons will buy out Peterson. I wasn't surprised there was a buyout but I am surprised it was Simmons. Like a lot of other producers, Simmons and Peterson have been hit hard by high grain prices.

Unfortunately, Peterson was a one man show for 3/4 century and with the death of the founder, I think the obstacles to a smooth transition was too great in the cold hard facts of a balance sheet.

On a personal level, a friend recently quit Simmons to work for Peterson and will now be returning to the fold, so to speak. I suspect he will simply quit but maybe not. He is both a field man and a grower.
 

EDWARD BERRY

Senior Member
Joined
Jan 15, 2002
Professional Status
Certified General Appraiser
State
Arkansas
Old People Remember The Jingle On The Fayetteville Station-
"hale's Hardy Chicks Will Make Your Profit Grow"
"hale's Hardy Chicks Are Better Bred You Know"

Little Known Kirk Hale Had A Big Part Of The Decatur Duo.

Sad That Someone Has Not Written The History Of These Gurus.

A Guy That Could Have Done (bob Edminstine Of Springdale) It Got Killed Last Spring.

"thanks For The Memories" Is In Our Life Much These Days.

Arkie Ed
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks