USA: Pilgrim's Pride expects $100m in costs from turkey meat recall
US poultry processor Pilgrim's Pride has said it is expecting $100m in expenses related to last year's turkey meat recall.
Turkey deli meat produced at the company's Franconia, Pennsylvania plant was recalled after being identified as the most likely cause of a listeria outbreak in the summer of 2002 that caused a number of cases of illness, some of which proved fatal.
The company said its insurance policy will only cover the first $50m of the claim. The sale of turkey products from its Franconia plant is expected to return to pre-recall production levels during the second-half of fiscal 2004, reported the Wall Street Journal.
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