Search results
Results from the WOW.Com Content Network
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 ...
A Chinese firm called Shuanghui International Holdings, which is the is the majority shareholder of China's. Smithfield Foods Inc. (NYSE: SFD) is seeing its shares surge this morning on news that ...
[3] No Chinese pork would be imported to the United States, he stated, but rather Shuanghui desired to export American pork. There is a growing demand for foreign food products in China due to recent food scandals. [3] Smithfield's existing management team would remain intact and no major changes to its workforce would occur. [3]
The Farmland brand and its slogan "Good Food From the Heartland" are now owned by the Chinese-owned, Smithfield Foods, the largest pork producer and processor in the world, but Farmland Foods, Inc. operates independently and continues to market meat products under the "Farmland" brand. Farmland Foods serves both domestic and international ...
The acquisition of Smithfield Foods by Chinese meat producer Shuanghui International Holdings received clearance from the Committee on Foreign Investment in the United States, the two companies ...
Starboard Value has thrown in the towel. The activist hedge fund operator that had opposed the sale of pork producer Smithfield Foods to a Chinese meat processor said it can't cobble together a ...
Smithfield Hog Production is headquartered in Princeton, Missouri [citation needed] and owns a pork processing plant located in Milan, Missouri. [7] At one time, the company operated 132 company-owned farms and 109 contract farms in the state of Missouri, in addition to a leased farm and eight feed mills.
Starboard, which owns 5.7% of Smithfield's stock, says that it is "not necessarily" opposed to the proposed sale of Smithfield, but that the investment firm believes Smithfield can get a better deal.