His son, Wan Hongjian, is now the deputy chairman and vice president of the group. They are part of the nation's food supply chain and contribute to South Dakota's role feeding the country and the world,” Noem tweeted on April 15. The first signs of trouble emerged at Smithfield Food on April 9, when it announced that it would suspend operations at its Sioux Falls facility for three days. Smithfield Foods was sold to a Chinese company in 2013, but China won't be slaughtering and processing hogs raised in the U.S. and shipping them back to America. The Republican governor added that she has been in communication with Vice President Mike Pence and Smithfield’s CEO, and a team from the Centers for Disease Control and Prevention has arrived to help assess the situation. “Let's be perfectly clear: a shelter-in-place order would NOT have prevented Smithfield from happening. All Rights Reserved, This is a BETA experience. In 1936, Joseph W. Luter and his son founded a small meat-packing company, The Smithfield Packing Company, along the tributary of the historic James River in the colonial town of Smithfield, Virginia. About Smithfield & Smithfield Foods, Inc. California Transparency in Supply Chains Act Disclosure. In other words, we do things the right way. In 1936, Joseph W. Luter and his son founded a small meat-packing company, The Smithfield Packing Company, along the tributary of the historic James River in the colonial town of Smithfield, Virginia. You may opt-out by, Smithfield Foods, the world’s largest pork processor and hog producer, has been making headlines for shutting down plants in three states after a rash of coronavirus cases hit its Sioux Falls, South Dakota operation. by Christian Gomez We all heard the brief media sound bites last week announcing the sale of America’s largest meat producer, Smithfield Foods, to a Chinese corporation. Smithfield Foods, the world’s largest pork producer, was acquired by a Chinese firm in 2013 for nearly $5 billion -- more than the company’s market value. Our legendary hams continue to be highly anticipated holiday traditions. Outside the US, the company has facilit… Founded in Smithfield, Virginia in 1936, Smithfield Foods boasts more than 40,000 U.S. employees with nearly 50 facilities across the country. South Dakota is one of the few states that has not instituted a shelter-in-place order, a decision that Governor Kristi Noem defended. WH Group went public on the Hong Kong Stock Exchange a year later, and furthered its American presence by buying Clougherty Packing, California's largest pork processor, in 2017. In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to grow Smithfield's pigs. Less well known: its Chinese billionaire owner Wan Long, who took a small Chinese state-owned meat processing plant and expanded it into a multinational company with more than $24 billion in annual sales. A long-standing hallmark of the Smithfield brand is attention to detail. In Smithfield, Virginia, Smithfield Foods is everywhere. Smithfield Foods, makers of ham products under a variety of brand names, is being purchased by Chinese food maker Shuanghui International, for $4.72 billion in cash. Smithfield Foods, the world’s largest pork processor and hog producer, has been making headlines for shutting down plants in three states after a rash of coronavirus cases hit its Sioux Falls, South Dakota operation. Using a unique curing process and handcrafted approach, they produced the “Genuine Smithfield Ham” which soon won worldwide acclaim as the centerpiece of holiday meals and other special occasions. Hickory Smoked Spiral Sliced Ham - Original Smithfield Hams are in a class by themselves. We all heard the brief media sound bites last week announcing the sale of America’s largest meat producer, Smithfield Foods, to a Chinese corporation. Now, the owner of Nathan's Famous hot dogs and Cook's ham is scrambling to contain one of the largest coronavirus hot spots in the U.S. Wan Long, who at age 80 is chairman and CEO of WH Group, is the firm's largest individual shareholder with a roughly 16% stake; estimates his net worth at $1.9 billion. June 9, 2013 Share Complete List of Smithfield Foods Subsidiaries and Brands June 9, 2013. Smithfield. We continuously look for opportunities to share recipes, inspire culinary curiosity and encourage an adventurous spirit in the kitchen. Smithfield. The total cluster of 733 cases makes up more than half of the state’s total coronavirus cases, which stands at 1,311, according to the South Dakota Department of Health. , who took a small Chinese state-owned meat processing plant and expanded it into a multinational company with more than $24 billion in annual sales. Nothing delights us more than to see our products realize their full potential — on the plate and on the palate. We’re proud of where we came from — the place flavor calls home. On April 12, the company shuttered the facility indefinitely; as reports of coronavirus cases at the plant continued to rise, the company also announced the closure of two facilities in Wisconsin and Missouri on April 15. Below we answer a few of the most frequently asked questions related to the acquisition and our ownership. Every piece of meat is hand-trimmed and hand-selected with care. June 9, 2013. Below we answer a few of the most frequently asked questions related to the acquisition and our ownership. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation BrandVoice. Smithfield Foods, Inc., is a pork producer and food-processing company based in Smithfield, Virginia, in the United States, and a wholly owned subsidiary of WH Group of China. It was here in Smithfield that our brand came to life. 'It's Smithfield ham, it's not China ham,' Burke said. The authentic way. What we didn’t hear were the details, warnings or implications of this record-breaking transfer of […] Celebrating life and meaningful occasions is at the heart of our commitment to quality and the promise of premium flavor. The company was founded in Smithfield, Virginia, in 1936 and was acquired by Hong Kong-based WH Group in 2013. Smithfield Foods is a U.S. company that provides more than 40,000 American jobs and partners with thousands of American farmers. Now, the owner of Nathan's Famous hot dogs and Cook's ham is scrambling to contain one of the largest coronavirus hot spots in the U.S. As of Thursday, 598 Smithfield employees in South Dakota’s Minnehaha County have tested positive for COVID-19, as have 135 people who were not employed by Smithfield but were in close contact with its employees. By "Smithfield", she was referring to the Smithfield Foods pork-processing plant located in her town of Sioux Falls, South Dakota. In 2013, WH Group (formerly known as Shuanghui International Holdings) purchased Smithfield for $4.7 billion; including debt, the deal valued the firm at $7.1 billion, then the largest acquisition of a U.S. company by a Chinese business. Complete List of Smithfield Foods Subsidiaries and Brands. Smithfield Foods, Inc., is a pork producer and food-processing company based in Smithfield, Virginia, in the United States, and a wholly owned subsidiary of WH Group of China. Smithfield Foods is a U.S. company that provides more than 40,000 American jobs and partners with thousands of American farmers. Amid the COVID-19 outbreak, our subsidiary Smithfield has been adopting a series of stringent and detailed processes and protocols," a spokesperson from WH Group said in a statement. Smithfield Foods was sold to a Chinese company in 2013, but China won't be slaughtering and processing hogs raised in the U.S. and shipping them back to America.