The University of Florida is estimating five counties will lose a total of $118 million a year.
When Perdue closed the chicken processing plant, they laid off almost 400 workers. But researchers say the job-loss figure actually is more than 1000 because of the ripple effect on other businesses. That translates into a decrease of $36 million in annual payrolls.
Holmes and Walton Counties are the hardest hit. That’s where most of the former Perdue workers live.