How Companies Are Preparing for Hurricane Florence

Troy Gayeski, senior portfolio manager at SkyBridge Capital, discusses risks from Hurricane Florence.Daybreak: Americas." (Source: Bloomberg)
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Corporations are preparing for the arrival of Hurricane Florence on the East Coast of the U.S. by shuttering factories and encouraging workers to keep their homes and families safe from the Category 4 storm. Here are some of the latest developments.

Pork producer Smithfield Foods Inc.’s Tar Heel plant, with 4,440 employees, has the capacity to process 35,000 hogs a day. Its Clitnon facility can process 10,600 hogs, with 1,819 employees. Both will be closed Thursday and Friday, a spokeswoman said by email.