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Smithfield Foods, Inc., is an American pork producer and food-processing company based in Smithfield, Virginia. It operates as an independent subsidiary of the multinational conglomerate WH Group. [ 4][ a] Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the ...
Smithfield Packing Company. The Smithfield Packing Company sells meat products such as ham, ground pork, pork chops, bacon, and lunch meat. It sells its products worldwide. The company was founded in 1936. It is based in Smithfield, Virginia. It is part of Smithfield Foods which is in turn a subsidiary of WH Group. [1] [2] [3]
Following in the steps of his grandfather, Joseph Luter Sr., who founded Smithfield Packing Company in 1936, and his father, Joseph Luter, Jr., who served as CEO until his death in 1962, Joseph W. Luter III became the third generation of his family to lead the company. Luter III was born in Smithfield, Virginia, to a United Methodist Christian ...
Founded. 1988. Headquarters. Princeton, Missouri. Smithfield Hog Production Division, formerly Premium Standard Farms, Inc. ( PSF ), is a subsidiary of Smithfield Foods, Inc. Premium Standard Farms was the second-largest pork producer and the sixth-largest processor in the United States until Smithfield Foods acquired it in 2007. [1] [2] [3]
The first record of the commercial sale of cured "Smithfield Ham" is a receipt to Ellerston and John Perot on the Dutch Caribbean Island of St Eustatius, dating from 1779. [1] The Isle of Wight County Museum holds P.D. Gwaltney Jr.'s "pet ham". It is thought to be the world's oldest ham, having been cured in 1902.
CEO and president of Smithfield Foods. Term. December 2015- January 2021. Successor. Dennis Organ. Board member of. Smithfield Foods. WH Group. Kenneth Marc Sullivan is an American businessman, and was the chief executive officer and president of Smithfield Foods from 2015 to November 2020.
Armour Star (brand) Armour & Company was an American company and was one of the five leading firms in the meat packing industry. It was founded in Chicago, in 1863, by the Armour brothers led by Philip Danforth Armour. By 1880, the company had become Chicago's most important business and had helped make Chicago and its Union Stock Yards the ...
Over the past 12 months, Smithfield Foods generated $403.8 million cash while it booked net income of $340.9 million. That means it turned 3.1% of its revenue into FCF. That sounds OK.
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