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pork processor
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Cranswick to Reap Strategic Benefit From Merger of China's Meat Processor and Pig Producer
Jun 3, 2013UK meat firm Cranswick is likely to reap strategic benefit from the merger of China’s largest meat processor and pig producer, Shuanghui International, with the world’s largest pork processor North America’s Smithfield Foods, according to ...
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Shuanghui Buys US-Based Pork Producer and Processor Smithfield Foods
May 30, 2013Shuanghui International has agreed to acquire US-based pork producer and processor Smithfield Foods in an all-cash deal valued at $7.1bn, including the assumption of net debt. Shuanghui International is the majority shareholder of ...
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Smithfield Packing Plans to Shift Bone-in Ham Production
Mar 19, 2013Smithfield Packing, a subsidiary of Smithfield Foods, plans to shift bone-in ham production from its Maryland facility to its other plants in North Carolina and Kentucky, and then permanently shut down the Maryland plant in the mid of this ...
Tags: ham production, Smithfield Foods, ham
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Smithfield Foods Has Entered Into an Agreement to Form 50/50 Joint Venture with Kansas
Feb 19, 2013US-based pork processor Smithfield Foods has entered into an agreement to form 50/50 joint venture with Kansas City Sausage, including its sister company, Pine Ridge Farms, as a part of its plan to strengthen its packaged meats business. ...
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JBS Completed The Acquisition of Beef Processor Independencia for BRL268m
Feb 5, 2013JBS, a Brazilian meat manufacturer, has completed the acquisition of beef processor Independencia for BRL268m ($142.8m). JBS had announced its intention to acquire Independencia's beef business in April 2012. The company funded the ...
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Volatility in Global Commodity Markets Remained a Significant Factor for The Food Industry
Dec 21, 2012Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa ...
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COFCO Has Sold Its 5% Stake in US Meat Giant Smithfield Foods
Dec 10, 2012Chinese state-owned agribusiness and food processor COFCO has sold its 5% stake in US meat giant Smithfield Foods. Smithfield said on Friday (16 November) it had paid US$148m for COFCO's 4.95% stake. COFCO bought the shares in ...
Tags: Stake, Smithfield Foods, future business
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An Acquisition Agreement Has Been Achieved Between Mclane and Meadowbrook Meat
Dec 5, 2012McLane, a Texas-based supply chain services provider and a subsidiary of Berkshire Hathaway, has entered into an agreement to acquire Meadowbrook Meat Company (MBM) for an undisclosed amount. McLane chief executive officer Grady Rosier ...
Tags: supply chain services provider, food and beverage segments
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Smithfield Foods Expects to Complete The Expansion of Its Meat Processing Plant at Kinston
Nov 30, 2012US-based pork processor Smithfield Foods is set to initiate its previously announced closure of its meat facility in Portsmouth, Virginia, which produces deli meat and hot dogs. The company noted that the layoffs will first begin in ...
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British Poultry Processors Are Missing a Trick by Paying for Disposal of Chicken Feet
Nov 19, 2012British poultry processors are missing a trick by paying for disposal of chicken feet,which could be exported to China where retailers such as Tesco are struggling to meet demand. So wrote environment secretary Owen Paterson in his ...
Tags: chicken feet, Owen Patterson, Tesco
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