Packerland Packing Company, Inc.

PROFILE Packerland sends cattle packing. One of the largest beef processors in the US, Packerland Packing slaughters more than 5,200 head of cattle a day and sells its boxed beef in the US and overseas. The company operates slaughterhouses in Green Bay, Wisconsin; Gering, Nebraska; Tolleson, Arizona, and Plainwell, Michigan. Founded in 1960, the company was sold in 1977 to Colorado ski-resort tycoon George Gillett, who declared bankruptcy in 1992. A management-led investor group (including Gillett and backed by insurance company John Hancock Life) bought Packerland in 1994. In mid-2000 the company recalled nearly 200,000 pounds of ground beef due to possible E. coli contamination.  COMPETITION Farmland Industries, Inc. (dossier) IBP, inc. (IBP) Rosen's Diversified, Inc. (dossier)		FINANCIAL OVERVIEW Fiscal Year-End: December 1999 Sales (mil.): 1,312.00 1-Yr. Sales Growth: 11.8% Employees: 3,800 Revenue per employee: $345,263.16  KEY PEOPLE • Richard V. Vesta     CEO • Craig Liegel     CFO  CONTACT INFO 2580 University Ave. Green Bay, WI 54311 US Phone: 920-468-4000 Fax: 920-468-7453 Online: Web Site

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