Walmart Plans New Beef Facility In Kansas

Walmart Inc WMT is planning to build a beef facility in Olathe, Kansas, opening in 2025. The facility will be WMT's first owned and operated case-ready beef facility.

The proposed facility is expected to create more than 600 jobs and is set to break ground later this year.

Once opened, the new facility in Kansas will package and distribute a selection of Angus cuts from Sustainable Beef LLC in North Platte, Nebraska, to serve stores across the Midwest.

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"Technological advances in the food supply chain continue to reshape the industry. Walmart's innovative new facility further solidifies Kansas' position as one of the nation's top food and agriculture states," said Kansas Governor Laura Kelly.

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Price Action: WMT shares are trading higher by 0.78% at $155.30 on the last check Tuesday.

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