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Wednesday, July 19, 2006
Smithfield expands in Romania
July 19, 2006 Smithfield expands in Romania US pork-processing giant Smithfield is planning an upgrade to its Romanian operation that would create 811 jobs at its Romanian operation. The company would invest more than US $75 million in 2006 ...
Tuesday, July 4, 2006
Smithfield crosses the Atlantic with a billion-dollar expansion plan
July 4, 2006 Smithfield crosses the Atlantic with a billion-dollar expansion plan Smithfield Foods Inc announced last week it would acquire the European meats business of Sara Lee Corp so as to deepen its presence in the European market. Th ...
Monday, June 19, 2006
Pope steps up to be new CEO of Smithfield
June 19, 2006 Pope steps up to be new CEO of Smithfield Joseph Luter III, 67, would be stepping down as CEO of Smithfield Foods Inc after serving for 31 years as chairman and CEO of the company while Larry Pope would become the new CEO of S ...
Friday, June 9, 2006
Smithfield Foods posts steep drop in profits
June 9, 2006 Smithfield Foods posts steep drop in profits Net income of Smithfield fell to US$1.1 million from US$85.4 million the same period last year. The sharp decline reflected lower pork margins and a decline in live hog prices couple ...
Wednesday, May 17, 2006
Smithfield pork plants gains USDA approval
May 17, 2006 Smithfield pork plants gains USDA approval  Smithfield Packing Company, is now 100 percent process verified after achieving the USDA Process Verified Programme certification for all three of its pork processing plants. Two of i ...
Monday, May 8, 2006
Sara Lee may sell European meats business to Smithfield
May 8, 2006 Sara Lee may sell European meats business to Smithfield Sara Lee Corporation announced on Friday (May 5), that it is negotiating the sale of its European meats business with Smithfield Foods Inc, the world's largest pork process ...
Monday, May 1, 2006
Smithfield predicts dire 4th quarter results
May 1, 2006 Smithfield predicts dire 4th quarter results Smithfield Foods announced depressed hog prices would cause its fourth-quarter earnings to be way below last year's earnings. The world's largest hog producer and pork processor said ...
Wednesday, April 19, 2006
Smithfield increases stake in UK pig-breeding company
April 19, 2006 Smithfield increases stake in UK pig-breeding company Smithfield Foods, the top producer of pork in the US, is extending its reach abroad and taking an undisclosed equity stake in UK-based pig-breeding company ACMC. This move ...
Thursday, March 2, 2006
Smithfields Foods' third quarter profits fell 27 percent
March 2, 2006 Smithfields Foods' third quarter profits fell 27 percent Profits at Smithfield foods, a major pork processor and top pork producer in the US fell 27 percent in the third quarter due to lower profits from its hog production uni ...
Tuesday, January 24, 2006
Smithfield foods makes formal entry into Romania
January 24, 2006 Smithfield foods makes formal entry into Romania American company Smithfield Foods announced Monday plans to invest RON2.5 billion (US$863million) to expand its operations in Romania over the next five years. Smithfield Foo ...
Friday, December 2, 2005
Smithfield Foods Q2 income down 12 percent
December 2, 2005 Smithfield Foods Q2 income down 12 percent US meat processor Smithfield Foods posted a net income of US$51.6 million for its second quarter ended Oct 30, down 12 percent from US$58.4 million in the same period last year, it ...
Friday, August 26, 2005
US hog giant Smithfield's Q1 profits fall 11 percent
August 26, 2005 US hog giant Smithfield's Q1 profits fall 11 percent US hog giant Smithfield Foods Inc., said its fiscal first quarter profit fell 11 percent due to lower pork prices. In the quarter ending July 31,net profits fell to US$49 ...
Wednesday, August 3, 2005
Smithfield to further reduce antibiotic use in pigs
August 3, 2005 Smithfield to further reduce antibiotic use in pigs Hog producer and pork processor Smithfield Foods, foodservice giant Compass Group North America and a US non-profit organization Environmental Defense have announced a colla ...
Wednesday, March 2, 2005
Smithfield earnings get a boost by hog prices
March 2, 2005 Smithfield earnings get a boost by hog prices Smithfield Foods Inc. a top hog and pork producer on Tuesday said quarterly earnings doubled as higher hog prices more than offset lower results in its pork processing and beef seg ...
Wednesday, February 23, 2005
US Smithfield plans beef expansion, eyes acquisition of domestic rival
February 23, 2005 US Smithfield plans beef expansion, eyes acquisition of domestic rival US company Smithfield Foods Inc., the world's biggest hog and pork producer, plans to expand its beef business, probably by acquiring a rival, its Chie ...
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