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Keyword: smithfield

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  • US panel OKs Smithfield sale to Chinese company

    09/07/2013 7:34:58 AM PDT · by Olog-hai · 13 replies
    Associated Press ^ | Sep 6, 2013 7:17 PM EDT
    A U.S. committee that reviews mergers between American companies and those overseas has given clearance to the proposed sale of Smithfield Foods Inc. to a Chinese company. Smithfield said Friday that the U.S. Committee on Foreign Investment in the United States gave clearance for the pork producer to be acquired by Shuanghui International Holdings Limited. The committee reviews overseas transactions for national security implications. …
  • Yet Another Company Drops Paula Deen

    06/24/2013 7:52:01 PM PDT · by Impala64ssa · 54 replies
    Newser ^ | 6/24/13 | Evann Gastaldo
    Yet another company has dropped Paula Deen in the wake of the Food Network giving her the boot and QVC apparently thinking about doing the same. Smithfield, a major pork company (that was recently purchased by a Chinese company), says it will no longer partner with Deen for her line of "Paula Deen Collection" hams in the wake of her n-word controversy, TMZ reports. "Smithfield is determined to be an ethical food industry leader and it is important that our values and those of our spokespeople are properly aligned," reads a statement from the company. As such, "we are terminating...
  • U.S. lawmakers air concerns about Smithfield-Shuanghui deal

    06/08/2013 4:12:55 AM PDT · by Olog-hai · 14 replies
    Reuters ^ | Wed Jun 5, 2013 7:21pm EDT | Ros Krasny and Rachelle Younglai
    Chinese meat company Shuanghui International’s plans to buy U.S.-based pork producer Smithfield Foods Inc. has some lawmakers worried the deal could create food safety issues for U.S. consumers. Mostly silent after the deal was announced a week ago during a Congressional recess, lawmakers are taking a closer look. Senate Agriculture Committee Chairwoman Debbie Stabenow, Democrat of Michigan, said on Wednesday that federal agencies considering the merger “must take China’s and Shuanghui’s troubling track record on food safety into account.” … That concern stems from recent food safety issues at Shuanghui and in China. The company was forced to recall its...
  • USA - Meat packagers' stock decline on massive market manipulation

    05/30/2013 4:59:43 AM PDT · by MeneMeneTekelUpharsin · 18 replies
    Traders find shelter in options as continued drought and heat ravage Midwest crops.--Worry persists about the impact of expensive feed on packager costs NEW YORK--With Midwest drought conditions worsening, investors feeling the heat are seeking protection from rising corn prices. Buying bearish options on Tyson Foods Inc. (TSN) and Smithfield Foods Inc. (SFD)--whose animals feast on corn--was one way of doing so. Traders snapped up protective put options on packaged-meat producers that are especially sensitive to the price of corn feed. Activity suggests traders fear continued weakness in the shares as the corn-crop situation becomes more precarious. One trader in...
  • Shuanghui buying Smithfield Foods for about $4.72B

    05/29/2013 6:36:26 AM PDT · by Red Badger · 50 replies ^ | 05-29-2013 | By MICHAEL FELBERBAUM
    <p>RICHMOND, Va. - Chinese meat processor Shuanghui International Holdings Ltd. has agreed to buy Smithfield Foods Inc. for approximately $4.72 billion in a deal that will take the world's biggest pork producer private.</p> <p>Hong Kong-based Shuanghui owns a variety of global businesses that include food, logistics and flavoring products and is China's largest meat processing enterprise. Smithfield owns brands such as Armour, Farmland and its namesake.</p>
  • Smithfield Plant to Layoff Workers in 2013 (520 jobs in Virginia)

    11/15/2012 2:16:45 PM PST · by 2ndDivisionVet · 16 replies
    Wisconsin Ag Connection ^ | November 15, 2012
    USAgNet - Smithfield Packing Company Inc., a subsidiary of Smithfield Foods, plans to begin its planned closure of a Portsmouth, Va. hot dog and lunch meat production facility. MeatPoultry reports that the firm announced the closure this past November. Layoffs are expected to begin at the Portsmouth plant in January, and the facility will be closed by the end of March 2013. The company says its first round of layoffs will impact about 120 workers. Another 400 employees will be affected by the plant closure....
  • Swine flu linked to Smithfield Foods factory farm?

    04/29/2009 5:49:41 PM PDT · by angelcindy · 39 replies · 1,517+ views
    Facing South ^ | April 27, 2009 | Sue Sturgis
    Grist Magazine online has a must-read story by North Carolina-based food editor Tom Philpott examining a possible link between the outbreak of swine flu and Smithfield Foods of Virginia, the world's largest pork producer and processor. Forty cases of the disease have been confirmed so far in the United States, including two cases in Texas, according to the U.S. Centers for Disease Control and Prevention. The outbreak of this particular strain of flu, which is caused by virus found in pigs, originated in the Mexican state of Veracruz, where Smithfield subsidiary Granjas Carroll raises about a million hogs a year,...
  • Why the Union Won at Smithfield (Tales from the Marxside)

    12/22/2008 7:42:30 AM PST · by Maelstorm · 18 replies · 1,208+ views ^ | 12-21-08 | By David Bacon
    When immigration agents raided Smithfield Food's huge North Carolina slaughterhouse two years ago, organizer Eduardo Peña compared the impact to a "nuclear bomb." The day after, people were so scared that most of the plant's 5,000 employees didn't show up for work. The lines where they kill and cut apart 32,000 hogs every day were motionless. Yet on December 11, when the votes were counted in the same packing plant, 2,041 workers had voted to join the United Food and Commercial Workers (UFCW), while just 1,879 had voted against it. That stunning reversal set off celebrations in house trailers and...
  • After 15 Years, North Carolina Plant Unionizes

    12/13/2008 5:21:17 PM PST · by Abathar · 59 replies · 1,747+ views ^ | December 12, 2008 | STEVEN GREENHOUSE
    After an expensive and emotional 15-year organizing battle, workers at the world’s largest hog-killing plant, the Smithfield Packing slaughterhouse in Tar Heel, N.C., have voted to unionize. The United Food and Commercial Workers, which had lost unionization elections at the 5,000-worker plant in 1994 and 1997, announced late Thursday that it had finally won. The victory was significant in a region known for hostility toward organized labor. The vote was one of the biggest private-sector union successes in years, and officials from the United Food and Commercial Workers said it was the largest in that union’s history. The union won...
  • There’s No Debate – Obama Says He Won’t Face Clinton Before Indiana and North Carolina [Chicken]

    04/26/2008 5:59:29 PM PDT · by charles m · 45 replies · 192+ views
    CBS ^ | 4/26/2008
    ANDERSON, IND. – Barack Obama’s campaign is refusing any more debates with Hillary Clinton until after the May 6th primaries, despite attempts by the Clinton campaign to offer a new debate structure. “We have participated in 21 nationally televised debates, the most in primary history, including four exclusively with Senator Clinton,” said Obama spokesman Robert Gibbs. “Senator Clinton refused an earlier invitation that had been accepted to debate in North Carolina.” The Clinton campaign objected to that debate because it was during Passover. Clinton campaign manger Maggie Williams sent a letter the Obama camp today, suggesting a Lincoln-Douglas style debate...
  • NAACP assails N.C. Republican ad (an effort to smear the black community and “prophetic ministers”)

    04/26/2008 12:09:07 PM PDT · by Libloather · 63 replies · 194+ views
    FayObserver ^ | 4/26/08 | Mike Baker
    NAACP assails N.C. Republican adBy Mike Baker The Associated Press Published on Saturday, April 26, 2008 RALEIGH — The North Carolina branch of the NAACP said Friday a Republican advertisement that includes a clip of Democratic presidential candidate Barack Obama’s former pastor is racially divisive. NAACP leaders blasted the North Carolina GOP for producing an ad that shows footage of Rev. Jeremiah Wright’s fiery comments about the U.S. The group said the ad takes Wright’s words out of context in an effort to smear the black community and “prophetic ministers.” “It’s a fundamentally race-baiting ad,” said Rev. William Barber, state...
  • Michael Vick’s Federal Dogfighting Criminal Charges

    08/21/2007 8:58:20 AM PDT · by PurpleMan · 89 replies · 2,708+ views
    Vick is accused of paying “approximately $34,000” for property located in Smithfield, Va. to train, breed, and house pit-bulls for dogfighting, and engage in dogfighting events with others. The charges contain multiple allegations of abuse against animals, including that Vick and two co-defendants “executed approximately 8 dogs that did not perform well.” The executions were allegedly carried out in a variety of brutal ways, including “hanging, drowning, and slamming at least one dog’s body to the ground.”
  • Caption John Edwards meeting with hog processing plant employees

    06/21/2007 11:39:55 AM PDT · by redstates4ever · 52 replies · 1,168+ views
    Yahoo! News Photos ^ | 6/21/07 | staff
    "Democratic presidential hopeful and former North Carolina Sen. John Edwards meets with Smithfield Packing Co. workers at his campaign headquarters in Chapel Hill, N.C., Thursday, June 21, 2007. Edwards met with more than a dozen workers from the hog processing plant in Tar Heel, highlighting them as an example of why Congress needs to pass a bill that could help organizers establish unions without an election."
  • Scared Smithfield workers stay home

    01/26/2007 1:29:47 PM PST · by kennedy · 62 replies · 1,596+ views ^ | January 26, 2007 | Jennifer Plotnick
    The 21 Smithfield Packing Co. employees arrested by immigration officials while they worked Wednesday are in the process of being deported. The 20 men and one woman arrested were moved Thursday from the Mecklenburg County Jail to Stewart Detention Center in Lumpkin, Ga., nearly 700 miles from Tar Heel. Meanwhile, church officials within the region’s Hispanic community and spokespeople with the United Food & Commercial Workers union said the workers’ families didn’t know where they were and other immigrant workers were terrified of more arrests. Production at the plant was substantially diminished Thursday as workers stayed away. “There are hundreds...
  • Smithfield Workers Walk Out Of N Carolina Plant In Protest [undocumented workers' protest]

    11/17/2006 5:32:18 AM PST · by Brilliant · 49 replies · 1,496+ views ^ | November 17, 2006 | AP via Dow Jones Newswires
    More than 300 workers, many of them Hispanic, walked out of a Smithfield Foods Inc. (SFD) North Carolina hog slaughtering plant Thursday, protesting a labor screening process and what they described as management intimidation and abuse. "There's a long train of abuses in that plant really going back more than a dozen years," Gene Bruskin, a representative of the United Food and Commercial Workers Union who serves as the Smithfield campaign director, told The Associated Press. "Recently the activity in the plant has been increasing." Bruskin said Smithfield officials have failed to address problems of sexual harassment, inappropriate firings and...
  • 13 illegal workers arrested at plants

    01/13/2006 11:35:14 AM PST · by JZelle · 30 replies · 660+ views
    The Washington Times ^ | 1-13-06 | Gary Emerling
    Immigration agents have arrested 13 illegal aliens working at two meatpacking plants in eastern Virginia after uncovering the workers' bogus employment documents during an investigation that spanned several weeks. The aliens -- who are from Mexico and Guatemala -- worked at two plants in Smithfield, Va., and owned by Smithfield Packing, a subsidiary of Smithfield Foods. Officials said the aliens, who were arrested Jan. 5, submitted fraudulent employment documents to the company, which unknowingly approved them. "We went in to take a look at their documentation and advised them that these documents were not correct," said Ernestine Fobbs, spokeswoman for...
  • In tucked-away corner, war on terror takes off

    06/01/2005 1:30:45 AM PDT · by STARWISE · 7 replies · 641+ views
    NY Times ^ | 6-1-05 | Scott Shane, Stephen Grey, Margot Williams
    In tucked-away corner, war on terror takes off By Scott Shane, Stephen Grey and Margot Williams The New York Times WEDNESDAY, JUNE 1, 2005 SMITHFIELD, North Carolina The airplanes of Aero Contractors Ltd. take off from Johnston County Airport here, then disappear over the scrub pines and fields of tobacco and sweet potatoes. Nothing about the sleepy Southern setting hints of foreign intrigue. Nothing gives away the fact that Aero's pilots are the discreet bus drivers of the battle against terrorism, routinely sent on secret missions to Baghdad, Cairo, Tashkent and Kabul. When the CIA wants to grab a suspected...
  • There's no bones about where all the beef went

    12/19/2003 11:57:05 AM PST · by Blzbba · 9 replies · 124+ views ^ | December 19, 2003 | Alison Freehling
    NEWPORT NEWS -- When Jane Susan Frank sent a letter to Smithfield Packing Co. about a severe shortage of meat for hungry local families, she didn't expect anything huge in return. Maybe a couple of hams, or a nice box of hot dogs. Not 10,000 pounds of meat. Not 40 cases of pork chops, 50 cases each of roast beef, pastrami and corned beef, 118 cases of pork rib patties and more. Not $24,650 worth of food that should go to at least 20,000 people in time for holiday dinners. But that's what arrived Thursday at the Foodbank of the...