Friona Industries, L.P.

PROFILE Friona Industries puts the beef in the Big Mac. Founded in 1962, Friona owns five feedyards in northwestern Texas with a feeding capacity of 220,000 head of cattle. The company partners with beef packers, livestock traders, and McDonald's in BAP Management, a partnership formed to buy, raise, process and market better beef. Friona's feed division serves horses, livestock, poultry, and pets under the Hi-Pro Feed and Godbold Feed brands. Its Hi-Pro Animal Health unit distributes pharmaceuticals. Friona Agricultural Credit helps ranchers finance and market feeding programs. Private investment firm Edwin L. Cox Co. controls Friona Industries.  COMPETITION Bartlett and Company (dossier) Cactus Feeders, Inc. (dossier)		FINANCIAL OVERVIEW Fiscal Year-End: December 1999 Sales (mil.): 300.00 Employees: 450 Revenue per employee: $666,666.67  KEY PEOPLE • James E. Herring     CEO • Dal C. Reid     CFO  CONTACT INFO 500 S. Taylor, Ste. 601 Amarillo, TX 79101 US Phone: 806-374-1811 Fax: 806-374-1324 Online: Web Site

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