The transaction will fuel Smithfield’s strategy of continued growth in the value-added packaged meats segment Smithfield Foods, an American food company with a leading position in packaged meats and fresh pork products, has entered into a definitive agreement to purchase a premier dry sausage production facility in Nashville, Tennessee, from[Read More…]
Tag: Smithfield Foods
Smithfield Foods to end grower contracts in Utah
Utah measures latest action to address sustained hog market downturn Smithfield Foods will end contracts with 26 hog farms in Utah to optimize its supply chain for more efficient operations in the face of an industry oversupply of pork, weaker consumer demand and high feed prices. The contract terminations will result in[Read More…]