Smithfield
Americannoun
Example Sentences
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That could include meatpacking powerhouse JBS, headquartered in Brazil, and pork processing giant Smithfield Foods SFD -1.43%decrease; red down pointing triangle , which is majority owned by Hong Kong-based company WH Group 288 -0.10%decrease; red down pointing triangle .
Smithfield Foods SFD 2.24%increase; green up pointing triangle plans to build a large hog slaughterhouse in South Dakota, marking the first new facility built by America’s top pork producer in decades.
Virginia-based Smithfield said it will spend about $1.3 billion over three years on a new facility in Sioux Falls, S.D.
The new project replaces Smithfield’s existing, more than 100-year-old facility in the city.
Smithfield’s stock is up nearly 20% since the listing.
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