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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 ...
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Republican. Spouse. Jill TenHaken. Education. Dordt College ( BA) University of Sioux Falls ( MBA) Website. Official website. Paul Joseph TenHaken, (born November 13, 1977) is an American businessman and website developer who has served as the mayor of Sioux Falls, South Dakota since May 15, 2018.
In mid-April 2020 the Smithfield plant in Sioux Falls, South Dakota, became a "hotspot" for the pandemic, with 300 of the plant's 3,700 employees testing positive for the disease. On April 12 the company announced the indefinite closure of the plant, which processes 4 to 5 percent of the pork production in the United States.
A Smithfield Foods processing plant in South Dakota was forced to close its doors after more than 500 workers tested positive for the virus this month. Many meat processing plants across 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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