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Smithfield Foods, Inc. Smithfield Foods, Inc., is a pork producer and food-processing company based in Smithfield, Virginia. It operates as a wholly-owned subsidiary of the Chinese-owned 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 ...
Following in the steps of his grandfather, Joseph Luter Sr., who founded Smithfield Packing Company in 1936, and his father, Joseph Luter, Jr., who served as CEO until his death in 1962, Joseph W. Luter III became the third generation of his family to lead the company. Luter III was born in Smithfield, Virginia, to a United Methodist Christian ...
Businessman. Title. CEO and president of Smithfield Foods. Term. December 2015-. Board member of. Smithfield Foods. WH Group. Kenneth Marc Sullivan is an American businessman, and was the chief executive officer and president of Smithfield Foods from 2015 to November 2020.
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. That sounds OK.
Smithfield Foods is offering relocation assistance to workers who take jobs at its Altoona, Denison and Carroll meatpacking plants, said company representative Sam McCabe, adding that many have ...
The Smithfield Packing Company sells meat products such as ham, ground pork, pork chops, bacon, and lunch meat. It sells its products worldwide. The company was founded in 1936. It is based in Smithfield, Virginia. It is part of Smithfield Foods which is in turn a subsidiary of WH Group. [1] [2] [3]
Founded. 1988. Headquarters. Princeton, Missouri. Smithfield Hog Production Division, formerly Premium Standard Farms, Inc. ( PSF ), is a subsidiary of Smithfield Foods, Inc. Premium Standard Farms was the second-largest pork producer and the sixth-largest processor in the United States until Smithfield Foods acquired it in 2007. [1] [2] [3]
Farmland Industries. Farmland Industries was the largest agricultural cooperative in North America when it eventually sold all of its assets in 2002–04. During its 74-year history, Farmland served its farmer membership as a diversified, integrated organization, playing a significant role in agricultural markets both domestically and worldwide.
Smithfield Foods During the 1990s and 2000s, the UFCW was embroiled in a dispute with non-unionized meat processing company Smithfield Foods . [32] The UFCW had repeatedly attempted to organize the company's Bladen County, North Carolina meat-packing plant, but Smithfield Foods resisted this organizing.
Career. In 1968 Wan Long started work for Luohe Meat Products Processing United Factory, and became the factory's general manager in 1984. Wan Long is the chairman of WH Group, the world's largest pork company, with subsidiaries including Smithfield Foods in the US. Wan Long has been chairman since November 2010, and CEO since October 2013.