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Smithfield Foods, Inc., is an American pork producer and food-processing company based in Smithfield, Virginia. It operates as an independent subsidiary of the multinational conglomerate WH Group . [ 4 ] [ a ] 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 ...
Butterball LLC was a joint venture of Smithfield Foods and Maxwell Farms Inc., [2] an affiliate of the Goldsboro Milling Co. [3] Seaboard Corporation bought Smithfield's stake in Butterball in 2010. The company sells over one billion pounds of turkey a year.
In 2007 Pinnacle Foods was acquired by the Blackstone Group, a New York City-based private equity firm. [18] Conagra acquired Pinnacle Foods for $10.9 billion in 2018. [19] [20] In July 2006, ConAgra sold most of their refrigerated meats businesses, including the Armour brand, to Smithfield Foods. [21]
Smithfield Foods, one of the nation’s largest meat processors, has agreed to pay $2 million to resolve allegations of child labor violations at a plant in Minnesota, officials announced Thursday
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Pages in category "Smithfield Foods brands" The following 6 pages are in this category, out of 6 total. This list may not reflect recent changes. * Smithfield Foods; B.
Smithfield Foods Inc., the world's largest pork processor, announced Friday it is indefinitely closing an Illinois plant next week after a "small portion" of its 1,700 employees tested positive ...
Over the past 12 months, Smithfield Foods generated $403.8 million cash while it booked net income of $340.9 million. That means it turned 3.1% of its revenue into FCF. ... tax benefits from stock ...