Smithfield Foods

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Description

Smithfield Foods, Inc., is a pork producer and food-processing company based in Smithfield, Virginia. It operates as an independent subsidiary of the Chinese-owned conglomerate WH Group. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world

In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to raise Smithfield's pigs. Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, Slovakia and the United Kingdom. Globally the company employed 50,200 in 2016 and reported an annual revenue of $14 billion. Its 973,000-square-foot meat-processing plant in Tar Heel, North Carolina, was said in 2000 to be the world's largest, slaughtering 32,000 pigs a day.

Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion. It was the largest Chinese acquisition of an American company to date. The acquisition of Smithfield's 146,000 acres of land made WH Group, headquartered in Luohe, Henan province, one of the largest overseas owners of American farmland.

Website

http://www.smithfieldfoods.com

Rating GlobalNY.biz

Take place №1872 In rating New York Organizations general
Take place №194 In rating Consumer goods area

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6 December 2023

Business

Smithfield Foods terminates agreements with 26 American pig farms due to excess supply

Cutting Ties and Jobs Smithfield Foods made a significant announcement, revealing its decision to s...

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SMITH Shane

President and Chief Executiove Officer of the Smithfield Foods
#2418

WH Group

WH Group is a publicly traded Chinese multinational meat and food processing company headquartered in Hong Kong. Sometimes also known as Shineway Group in English-speaking countries, th

OLSEN Chris

There is currently no beef

MALKOVICH John

I am humbled to be chosen for this award, which has been given to so many wonderful actors over the past 83 iterations of the Venice Film Festival

KIMMEL James

This is yet another attack on free speech, something that has become all too familiar for us at the show, for us in the country

COMPSTON Martin

It's for Jed to say, it's not for me to say whether the show will ever end but I think it's fair to say that this is the end of the story arc that's been building since series one. Everything will come to a head on this one.