MONTEREY, Tenn. (AP) — Perdue Farms plans to shut a processing plant in Tennessee that employs greater than 430 people.

In a news release Thursday, the corporate confirmed that the Monterey facility would close in late March. It said changes in market demand and the way the corporate produces and supplies its products have affected the Monterey plant lately.

The corporate best known for its chicken says it’s providing affected staff in Tennessee with severance packages with extra pay and job placement help.

“While this decision is incredibly difficult, it’s vital to make sure Perdue stays fit for the long run,” CEO Kevin McAdams said within the news release. “We must make difficult decisions today to proceed to serve our customers and consumers effectively, and to proceed to grow our company.

Based in Salisbury, Maryland, Perdue Farms was founded in 1920. It has greater than 20,000 staff and annual sales of greater than $10 billion, specializing in poultry, livestock and other agriculture.