Smithfield Foods predicts slowdown in sales after debut IPO year
US meat processor Smithfield Foods has signalled a moderation in sales growth for the year ahead, while pointing to continued strength in profitability. The packaged...
Tag : Smithfield Foods
Smithfield Foods to Construct New Facility in South Dakota
Smithfield Foods has unveiled plans to replace its century-old facility in South Dakota with a modern packaged meats and fresh pork processing plant in Sioux...
Smithfield Foods to Shut Down U.S. Production Facility
US pork processor Smithfield Foods has announced the closure of another facility, this time in Springfield, Massachusetts. The company filed a Worker Adjustment and Retraining...
Smithfield Foods IPO Funding Misses Projections
US meat heavyweight Smithfield Foods is poised to raise less than anticipated from its IPO due to pricing falling short of expectations. The initial pricing...
WH Group to Spin Off Smithfield Foods with 20% Share Offering
China’s WH Group has officially revealed its intention to publicly list 20% of Smithfield Foods, the renowned pork processor it acquired over a decade ago,...
Smithfield Foods Divests European Division Ahead of IPO
Smithfield Foods has strategically positioned its European operations as the U.S. pork processor prepares for a potential IPO in its domestic market. This Virginia-based company,...
Smithfield Foods considers potential listing on US stock market
Smithfield Foods, owned by WH Group, is considering spinning off its pork business in the US and Mexico with a public listing. The world’s largest...
Another US pork plant closure planned by Smithfield Foods
Smithfield Foods, a US pork processor owned by China’s WH Group, is closing a ham-boning facility in Altoona, Iowa, putting over 300 jobs at risk....
Smithfield Foods acquires sausage facility from Cargill
Smithfield Foods, a prominent US pork manufacturer, is set to acquire a dry sausage production facility from Cargill, a major player in the agri-food industry....