Same Name, New Owners: Sam Kane Beef Processors

Cattlemen, feeders and beef industry enthusiasts all came together for an appreciation dinner to honor the new owners of Sam Kane Beef Processors out of Corpus Christi, Texas. The event was hosted by Dr. Charlie Graham, owner of Graham Land and Cattle in Gonzales, Texas on June 19, 2013.

Throughout the night many spoke of the beef industry and its progress and impact on the economy. However, the highlight of the night was when the program was turned over to the new owners and investors of Sam Kane Beef Processors. Lou Waters Jr., spoke on behalf of all the new investors. He discussed how operations of the historic Corpus Christi packing plant, founded in 1949, will continue under the Sam Kane name but will no longer be affiliated with the old ownership. Sam Kane has long been a leader in developing and implementing new beef processing technologies in an effort to provide customers with the highest quality meats and services possible. The company also plans to retain Sam Kane’s nearly 700 employees.

“We have received a lot of support from the industry,” said Waters. “We are here to stay. We are capitalized with a great group of investors.”

Waters discussed four points of management that the new owners would implement at Sam Kane.

Lou Waters, Jr. said, “We are very excited to be such an integral part of the South Texas and overall Texas livestock industry. We plan to implement new branded Beef programs as our team works directly with customers through new ways to market Beef. We are deeply excited, adequately capitalized, and will work hard to expand this legendary company. We are Texas Beef.”

Texas Agriculture Commissioner, Todd Staples, informed the crowd that even though the cattle numbers have been declining in Texas because of drought conditions, the Texas Beef industry represented over 10.5 billion in revenues to producers, feeders, packers and retailers. He talked of the importance of grassroots Texas cattle producers and the role they play in the Texas economy as a whole. The importance of the new ownership of Sam Kane Processors was said to enhance Texas Agriculture and the future of south Texas cattlemen.

Other speakers that added their appreciation included Dr, Molly K. McAdams, retail Beef consultant; Ethan Stool, Pfizer Animal Health; Steve Stevens, Chairman of the Board of the Houston Livestock Show and Rodeo; and Texas Land Commissioner, Jerry Patterson.