Rose Acre Farms Explained

Rose Acre Farms, Inc.
Type:Private
Founder:David Rust
Num Employees:2,000
Revenue:$608.74 million[1]
Hq Location:Seymour, Indiana
Key People:Marcus Rust, CEO[2] [3]

& Tony Wesner, COO

Industry:Poultry farming
Products:Eggs
Homepage:GoodEgg.com

Rose Acre Farms is the second largest egg producer in the United States[4] and employs more than 2,000 people.[5] The company is based in Seymour, Indiana, and has facilities in seven states: Arizona, Georgia, Iowa, Illinois, Indiana, Missouri and North Carolina, plus joint ventures in Colorado and Hawaii. Rose Acre Farms is one of several producers that annually donate approximately 30,000 hard boiled eggs to the U.S. government for use at the White House Easter Egg Roll.[6]

In 2013 the company began a 30-year effort to refit its facilities to cage-free standards.[7]

In 2018, Rose Acre Farms donated $200,000 for a new animal science complex on the nearby campus of Purdue University at Lafayette, Indiana.[8]

In April 2018, Rose Acre Farms announced that, due to concerns over Salmonella, they would be voluntarily recalling more than 200 million eggs which originated at its facility in Hyde County, North Carolina. All recalled eggs were conventional eggs[9] from hens raised in battery cage facilities. The Food and Drug Administration (FDA) investigation found, among other things, numerous rodents in the manure pits below the battery cages.[10] It was the largest egg recall in the country since 2010.[11]

Former board chairman John Rust stepped down in favor of his brother and the company's CEO, Marcus, in September 2023, to focus on a campaign running for the US Senate.[12] Three months later, the company was found liable in a lawsuit alleging that it colluded, along with Cal-Maine, United Egg Producers, and United States Egg Marketers, to reduce the supply of eggs and increase prices between 2004 and 2008.[13] The plaintiffs in the case, a group of large food manufacturers led by Kraft Foods, originally filed the long-running lawsuit in 2011, but it did not reach trial until October 2023.[14]

References

  1. Web site: Rose Acre Farms Inc Company Profile. www.hoovers.com. D&B Hoovers. 15 April 2018.
  2. News: Rose Acre Farms, Inc.: Private Company Information. 15 April 2018. Bloomberg L.P..
  3. Web site: Leadership Shift at Rose Acre Farms: Marcus Rust Appointed Chairman of the Board . October 3, 2023.
  4. Web site: Egg producer donates $200,000 to complex. Staff Writer. The Republic. 12 April 2018.
  5. Web site: Briefcase for March 28, 2018. Breach. Chris. Daily Journal. 12 April 2018.
  6. Web site: From the Farm to the White House, our Eggs are on a Roll. Hinton. Greg. The Columbia Missourian. 12 April 2018.
  7. News: Latest Flap on Egg Farms: Whether to Go 'Cage-Free'. Kesmodel. David. March 11, 2015. The Wall Street Journal. April 12, 2018.
  8. News: Rose Acre Farms Contributes $200,000 To Purdue University Animal Science Complex. Staff Writer. March 23, 2018. WBIW.
  9. Web site: Recalls, Market Withdrawals, & Safety Alerts - Rose Acre Farms Recalls Shell Eggs Due to Possible Health Risk. Affairs. Office of Regulatory. www.fda.gov. en. 2018-10-15.
  10. Web site: FDA Investigation Report - Rose Acre Farms. .
  11. News: 200 million eggs recalled over salmonella fears. 15 April 2018. USA Today. April 14, 2018. en.
  12. News: Dwyer. Kayla. Egg tycoon tries to horn his way into Republican primary for U.S. Senate. 2023-08-22. The Indianapolis Star. 2023-11-25.
  13. News: Volmert. Isabella. U.S. egg producers conspired to fix prices from 2004 to 2008, a federal jury ruled. 2023-11-22. Associated Press. 2023-11-25.
  14. News: Arcieri. Katie. Kraft, Kellogg Go After Egg Producers for Price-Fixing Scheme. 2023-10-17. Bloomberg Law. 2023-11-25.