Smithfield Foods, Inc., Smithfield, Va., and Hong Kong-based Shuanghui International Holdings Ltd. entered into a definitive merger agreement that values Smithfield at approximately $7.1 billion.
At first thought of a plant closure, the industry freaks. But, according to Karl Schledwitz, chief executive officer of Monogram Comfort Foods, who spoke exclusively with Refrigerated & Frozen Foods’ editor-in-chief Marina Mayer, this transition actually opens doors for additional employee positions.
Don Lee Farms acquired a 140,000-square-foot production and distribution facility in Mansfield, Texas, that will serve as an additional food production facility with a cold storage and distribution center.
Tyson Fresh Meats, Inc., the Dakota Dunes, S.D.-based beef and pork subsidiary of Tyson Foods, Inc. , has dinner all wrapped up with its new marinated pork product—Pork Shoulder for Carnitas.
