[January 04, 2009]

Pilgrim's Pride agrees on exiting executives' severance payments: News nuggets and coffee-shop chatter from Paducah and the area.

(Paducah Sun, The (KY) Via Acquire Media NewsEdge) Jan. 4--Bankrupt Pilgrim's Pride Corp. has agreed to pay former President-CEO Clinton Rivers and Chief Operating Officer Robert Wright each $143,242 in severance after they resigned in December.

The Pittsburg, Texas, firm also agreed to pay monthly consulting fees of $83,500 to Rivers for four months and $50,000 to Wright, for three months, as needed. Everything is subject to bankruptcy court approval.

Pilgrim's Pride on Tuesday received final court approval for $450 million in financing through the Bank of Montreal. The company, which in December sought Chapter 11 bankruptcy reorganization, operates a 1,500-employee Mayfield plant that is among western Kentucky's largest employers.

Kathy Rorer has opened Restoration Physical Therapy at 3530 Lone Oak Road, Suite 3, near Crowell Pools and Spas.

"I've been a physical therapist for 23 years, and I believe God called me to open my own business," Rorer said. "One of the things I'm going to emphasize is women's health."

Besides treating people with musculoskeletal disorders and injuries, she is taking a holistic approach to women's health and wellness. One program is for people diagnosed with and survivors of breast cancer. Another program is for incontinence, and a third is a 12-week series of nightly gatherings on better eating, exercise and health education.

Hours: 8 a.m.-5 p.m. weekdays. Phone: 554-2883.

Energy Fitness has added Studio One, a private-training studio in the newly expanded facility on New Holt Road.

Eight nationally certified trainers give workouts using Vertimax, Free Motion and a wide variety of functional training equipment that can be customized for people ranging from athletes to seniors who want to resume a health and fitness routine, said Debbie George, personal training director.

A training session and fitness evaluation are free to new members. Packages include four half-hour jump-start sessions.

Also new is BODYSTEP, a certified group fitness class on Wednesdays and Saturdays. The step workout affords high-level fat burning and muscle toning.

Other new classes are scheduled throughout January. Information: 554-7222 or energyfitness.com.

Alexander Auctions and Real Estate Sales will hold an absolute auction at 10 a.m. Saturday of the 21-acre Union City, Tenn., estate of Jerry and Patsy Gurien. An open house is from 1-5 p.m. today at 1707 E. Reelfoot Ave.

The Guriens retired and moved to a smaller home after selling Gurien Finishing Co., which developed a way to stone wash blue jeans and denim clothing, auctioneer Marvin Alexander said.

He said the estate includes a 7,009-square-foot home with 100 rooms, four fireplaces and 3 1/2 baths. Also being sold are a five-acre lake, cabana pool house, octagon lake house and covered marina.

"This property would be ideal for redevelopment as a bed and breakfast, motel, restaurant or retirement center," Alexander said. "It also would be suited for medical offices, industry headquarters or entertainment park."

Ruger shotguns, wildlife prints, tractors, all-terrain vehicles, horse-drawn carriages, restaurant equipment, furniture and farm, yard and shop equipment are for sale.

Information: www.alexanderauctions.com or 731-584-4244. Online bidding is available through Proxibid.

Joe Walker compiles Biz Buzz. Got at tip? Call Joe at 575-8656, send a fax to 442-7859 or e-mail buzz@paducahsun.com

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