November 18, 2017 1:09 PM ET

Food Products

Company Overview of Smithfield Foods, Inc.

Company Overview

Smithfield Foods, Inc., together with its subsidiaries, produces and markets various fresh meat and packaged meats products in the United States and internationally. It operates through five segments: Fresh Pork, Packaged Meats, Hog Production, International, and Corporate. The company offers fresh pork products, such as butts, loins, picnics, and ribs, as well as leaners; hogs; and beef and poultry products. It also produces packaged meats, including smoked and boiled hams, bacon, sausage, hot dogs, deli, canned meats, and luncheon meats; specialty products comprising pepperoni, dry meat products, and ready-to-eat products; and prepared foods consisting of pre-cooked entrees and bacon. The ...

200 Commerce Street

Smithfield, VA 23430

United States

Founded in 1936

50,236 Employees

Phone:

757-365-3000

Fax:

757-365-3017

Key Executives for Smithfield Foods, Inc.

President, CEO & Director
Age: 53
CFO & Executive VP
Age: 43
President of Packaged Meats Division
Age: 70
President of Smithfield Europe
Age: 63
President of the Smithfield Foundation
Age: 62
Compensation as of Fiscal Year 2017.

Smithfield Foods, Inc. Key Developments

Wh Group Limited and Smithfield Foods, Inc. Jointly Launches A Tripartite Strategic Partnership Agreement with JD.Com

WH Group Limited and Smithfield Foods, Inc. has jointly launched a Tripartite Strategic Partnership Agreement with JD.com and Henan Shuanghui Investment and Development Co. Ltd. According to the agreement, which was announced at an event in New York, the fresh food division of JD.com, JD Fresh, will become the exclusive online sales platform for Smithfield pork products in China. In addition, the parties will sell more than ten kinds of exclusive products on JD.com, and further cooperate on big data, cold chain logistics and foods traceability.

Smithfield and World Food Championships Partner to Create New Pork Category

Smithfield will be joining the World Food Championships as a sponsor in 2017. This year, in partnership with Smithfield, the WFC will host an ancillary Pork Loin Challenge to supplement their Kansas City Barbecue Society and International Barbeque Cookers Association-sanctioned World Barbecue Championship. Smithfield Prime Pork Loins will be distributed to up to 100 teams who have qualified for the World Barbecue Championship during an ancillary contest taking place on November 9. All participants will have free reign to prepare their Smithfield Prime Pork Loin in any way they choose for additional cash prizes. Contestants are encouraged to use their creativity to showcase the versatility of the product and can break down the loins into specialty cuts such as chops, cubes, and strips before cooking them on a grill or smoker.

Smithfield Foods, Inc. to Build a New Distribution Center and Expand its Blast Cell Cold Storage Capabilities at its Processing Facility in Tar Heel, North Carolina

Smithfield Foods, Inc. announced that it will build a new distribution center and expand its blast cell cold storage capabilities at its processing facility in Tar Heel, North Carolina. Smithfield will invest $100 million and add approximately 250 new jobs to bring both projects to life. In addition to the new positions, additional employment opportunities will also be available within Smithfield’s logistics partner. Smithfield will begin construction of the new distribution center this month. The new distribution center will be 500,000 square feet with 47,000 pallet positions. The blast cell cold storage expansion, announced earlier 2017, is underway and will increase the facility’s capacity by 140 million pounds. Both projects will be complete fall 2018. Smithfield’s Tar Heel facility is the largest pork processing plant in the world and produces fresh pork products for customers across the globe.

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