Smithfield Foods Inc., which has agreed to a $4.7 billion bid from Shuanghui International Holdings Ltd., was urged by activist investor Starboard Value LP to consider splitting itself up instead.
The transformation and subsequent growth of JBS USA’s Marshalltown, Iowa, pork facility shows the company correctly assessed the untapped potential of its acquisitions.
A significant part of the belief system throughout JBS S.A., according to Wesley Batista, president and CEO of JBS S.A.’s global operations, is that hard work always makes the difference — that miracles do not occur in the meat and poultry business.
For almost three-quarters of a century, the American Association of Meat Processors’ annual convention has brought together small processors from around the country.
Adding to its array of gourmet burger options, Johnsonville Sausage introduces its latest Griller varieties in Cheddar Cheese & Bacon and Swiss Cheese & Mushroom.
Fitch also views completion of the deal as probable, despite political concerns around foreign-ownership of U.S. food assets and potential negative implications for U.S. consumers.
Andy Hanacek and Marty Dooley discuss the changes that have occurred in the pork business, both within the walls of JBS USA and in the greater industry.
Farmland Foods introduced Cook’s Everyday Cuts, a new line of fast, flavorful, affordable, family-pleasing meals for everyday use featuring items such as ham medallions and ham chops from America’s favorite ham brand.
Shuanghui International is the majority shareholder of Henan Shuanghui Investment & Development Co., which is China's largest meat processing enterprise.