Egg Industry - February 2020 - 26

26 ❙ EggIndustry

6

Michael Foods, 13.30 million hens

Michael Foods Inc. is a leading food processor and
distributor with business in egg products as well
as refrigerated grocery and potato products. The company
is the largest supplier of processed eggs in the world. The
company is owned by Post Holdings Inc., which purchased
it from GS Capital Partners for $2.45 billion in 2014. As of
Dec. 31, 2019, it had 13.3 million laying hens.
Post Holdings, parent company of egg products company
Michael Foods, reported a net loss for the fourth quarter of
fiscal year 2019. The diversified food company reported a
net loss of $61.1 million for the quarter, compared with a net
loss of $17.6 million for the fourth quarter of fiscal year 2018.
For the full 2019 fiscal year, Michael Foods posted net earnings of $121.7 million, a decline from the fiscal year 2018 net
earnings of 457.3 million. The fiscal year for Post Holdings
ended on Sept. 30.
The foodservice segment, which primarily involves egg
and potato products, saw its net sales rise 4.5% on a yearover-year basis to $417.6 million. Volumes increased 3.7%,
driven by increases of 4.2% in egg volumes, the company
said in a press release. The segment's profits also rose to
$39.8 million, a 4.7% improvement when compared with
the same quarter of fiscal year 2018. For the full year, the
foodservice segment saw its net sales increase 5.1% and its
profit rise 25.9% when compared with 2018.
Michael Foods' new egg processing facility in Norwalk,
Iowa, opened in October 2019. The 150,000-square-foot
facility, which processes eggs and precooked egg products,
is anticipated to add 168 jobs to Norwalk within its first two
years and is located at Iowa's first Certified Industrial Site,
operating at full business capacity.
Michael Foods was a recipient of the 2019 Economic
Impact Award presented by the Greater Des Moines
Partnership. The award honors Des Moines businesses that
demonstrate a meaningful impact on the local economy.
It was awarded in anticipation of what new jobs at the
Norwalk, Iowa, facility would mean to the Iowa economy. 
In August 2019, Michael Foods made a $50,000 donation to Humpty Dumpty Daycare in Wakefield, Nebraska

to create an expansion on the north side of the daycare.
The nearly 2,000-square-foot expansion will add a few
daycare rooms, a kitchen space, and a breakroom for the
employees. Brady Weaver, an operations manager with
Michael Foods, told local newstation KTIV that child
care was one of the three main reasons the company had
trouble staffing its facility near the daycare.

7

Rembrandt Enterprises, 11.90 million hens

Based in Spirit Lake, Iowa, Rembrandt Enterprises,
doing business as Rembrandt Foods, is a vertically
integrated egg products company that manages the entire
process from grain to finished product. It is one of the
largest egg ingredient producers in the U.S. and works with
international customers as well to reach a global market. 
The company supplies egg ingredients to food manufacturers, foodservice and pet food manufacturers to be included
in their products.
The company offers a line of cage-free products including
but not limited to frozen egg products, dried egg products and
liquid egg. Since 2009, it has worked with customers in the
cage-free market to meet their requests. 
In November, Rembrandt Foods announced it was
closing its egg plant in Renville, Minnesota. That plant
processed liquid egg products from conventional hens,
and employed 52 people. Rembrandt Foods President Paul
Hardy told the Minneapolis Star-Tribune that the company
is considering using the cost savings from closing the
plant to increase its cage-free capacity. 
As of Dec. 31, 2019, the company's layer flock
included 11.9 million hens.

8

MPS Egg Farms, 10.90 million hens

MPS Egg Farms, previously known as Midwest
Poultry Services, is an Indiana-based shell egg
producer for the retail market. It is a sixth-generation familyowned business that employs 550. As of Dec. 31, 2019, the
company's layer flock included 10.9 million hens.
The company produces conventional white eggs, cage-free
eggs, free-range eggs, organic eggs and nutritionally enhanced
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Egg Industry - February 2020

Table of Contents for the Digital Edition of Egg Industry - February 2020

Egg Industry - February 2020
Ranking the largest US egg-producing companies in 2020
Additional cage-free hens increase total US hen flock
Top 20 US egg producers in 2020
Midwest Poultry Federation Convention 2020: Poultry’s future
Egg Industry - February 2020 - Egg Industry - February 2020
Egg Industry - February 2020 - Cover2
Egg Industry - February 2020 - 1
Egg Industry - February 2020 - 2
Egg Industry - February 2020 - 3
Egg Industry - February 2020 - 4
Egg Industry - February 2020 - 5
Egg Industry - February 2020 - Ranking the largest US egg-producing companies in 2020
Egg Industry - February 2020 - 7
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Egg Industry - February 2020 - 13
Egg Industry - February 2020 - Additional cage-free hens increase total US hen flock
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Egg Industry - February 2020 - 18
Egg Industry - February 2020 - 19
Egg Industry - February 2020 - Top 20 US egg producers in 2020
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Egg Industry - February 2020 - Midwest Poultry Federation Convention 2020: Poultry’s future
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Egg Industry - February 2020 - Cover3
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