AdvancePierre Foods takes the prep out of preparing a meal. The company is a top US supplier of packaged sandwiches, fully-cooked chicken and beef items, veggie patties, breaded meats, and bakery products. It caters to several sectors, such as schools, vending, wholesale clubs, and grocery and convenience stores. As part of its business, it operates meat processing plants, sandwich assembly facilities, and bakeries across five mostly Midwestern states. AdvancePierre Foods was formed by the merger of Pierre Foods, Advance Food Company, and Advance Brands. The company is owned by Oaktree Capital Management along with shareholders and managers of its predecessor companies.
In 2017 meat products giant Tyson Foods acquired AdvancePierre Foods for $4.2 billion.
Change in Company Type
Following its 2017 acquisition by Tyson Foods, AdvancePierre ceased trading as a public company and became a Tyson subsidiary.
AdvancePierre Foods operates four divisions: convenience and vending; foodservice; retail; and schools. All are based in Edmond, Oklahoma, with the exception of the convenience and vending division, which is located in Cincinnati. Indeed, the company's 220,000-sq.-ft. manufacturing plant located north of the Tri-County Mall (in Springdale, Ohio) can produce 600,000-plus pounds of beef, pork, and chicken products each day.
The company produces some 2 million sandwiches a day and has nearly 2,000 employees engaged in sandwich making. APF's sandwich products span branded and private-label offerings in the retail and convenience spaces and include a number of healthy breakfast and lunch options for the company's school channel customers.
From its base in Cincinnati, AdvancePierre Foods operates nearly a dozen facilities nationwide. The company runs plants in Oklahoma, Ohio, and Iowa to process meats, and manages sandwich assembly facilities in the Carolinas and Ohio. AdvancePierre prepares its own baked goods, as well, from bakeries in North Carolina and Oklahoma.
Sales and Marketing
AdvancePierre gets its food items in the hands of consumers through several channels. It sells its products through schools, vending operators, convenience stores, foodservice providers, military commissaries and other outlets, retailers, and club stores. Its retail brands, which sell under the names Fast Fixin' and Fast Classics, are sold through the likes of Wal-Mart, Smart & Final, Kroger, Albertsons, and Cub Foods.
Since the 2010 merger of Pierre Foods, Advance Food Company, and Advance Brands to form AdvancePierre Foods (APF), revenues have increased from $1.3 billion to $1.6 billion.
In 2011 the company purchased Maine-based Barber Foods, which processes and packages chicken nuggets, stuffed chicken entrees, and other value-added chicken products. As part of the deal, Barber continues to process and market poultry from its factory in Maine under its namesake brand.
In 2012 it introduced its Fast Fixin' Sandwich Bar program, which allows convenience stores to offer fresh, customizable sandwiches in a self-serve format. Also in 2012, APF partnered with Johnsonville Sausage to deliver the sausage company's products via its distribution network to food service customers nationwide.