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The company was founded in 1920 by Arthur Perdue [1] with his wife, Pearl Perdue, who had been keeping a small flock of chickens. [4] The company started out selling table eggs , then in 1925, Perdue built the company's first hatchery , and switched to selling layer chicks to farmers instead of eggs. [ 4 ]
His son Ted Cameron built four feed mills in the 1950s to serve local growers. In 1959, the company started processing chickens, with Mountaire Poultry, Inc. incorporated in 1964. The company was incorporated as Mountaire Corporation in 1971. Ron Cameron, the son of Ted Cameron, became president and CEO of the company in 1975. [4]
The history of the company goes back to 1895 and was known for feed milling. [4] In 1916, D.W. McMillen started manufacturing a feed by the name of 'Wayne' which was later chosen as a name for the company. [4] In 1965, Allied Mills spun-out its poultry business in order to focus on manufacturing and named the new company, Wayne Farms. [4]
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Tweedy, Browne Company LLC, an investment management firm, published its “Tweedy, Browne Global Value Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A ...
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