Talk:Smithfield Hog Production Division

Smithfield acquisition

PSF has changed significantly after being acquired by Smithfield.

Stevecalloway 17:19, 2 September 2007 (UTC)

Removed from the introduction, "with operations in Missouri, North Carolina, and Texas. The company sells fresh and frozen pork products to domestic retailers, further processors, foodservice providers and export customers from more than 20 countries."

Removed from Production, "Currently, Smithfield Packing Company holds the number one spot with about 798,000 sows in the United States and abroad."

Revised info box. Here's the previous info box for history:

Premium Standard Farms, Inc

Company type	Public (NASDAQ: PORK)
Industry	Agriculture, Food processing
Founded	1988
Headquarters	Kansas City, Missouri (Corporate) Princeton, Missouri (Production) Tarboro, North Carolina (Production) Dalhart, Texas (Production) Milan, Missouri (Processing) Clinton, North Carolina (Processing)
Key people	John M Meyer, President and CEO Stephen A Lightstone, CFO Calvin R. Held, VP Richard L. Morris, VP
Products	Fresh & Frozen Pork, Livestock
Revenue	$919.54 million USD (FY 2006)
Operating income	$86.27 million USD (FY 2006)
Net income	$53.11 million USD (FY 2006)
Number of employees	~4,300
Website	Premium Standard Farms, Inc

The Premium Standard Farms topic needs major revision, possibly deletion or move to Smithfield Foods. Stevecalloway 17:19, 2 September 2007 (UTC)

Deleted Sections

North Carolina operations were transferred to Murphy-Brown (farms) and Smithfield Packing (processing) after the 2007 acquisition.

North Carolina production operations

Based in Clinton, the North Carolina production operations employ about 300 people in east-central North Carolina. This operation consists of 20,000 sows in nine company-owned farms, more than 40,000 sows through contract farms, and about 200 independent family operated farms. The company also has several marketing agreements to purchase weaned pigs from independent producers. In all, approximately $46 million dollars is spent annually for local contract production. In total, the company’s production operations in Duplin, Greene, Pitt and Sampson counties account for about 80,000 sows.

Processing

Prior to May 2007, Premium Standard Farms consisted of two processing facilities - one in Milan, Missouri, and the other in Clinton, North Carolina. Both facilities utilize similar methodologies and process over 4.6 million hogs per year.

The Missouri plant was built in September of 1994 and was the first facility in the United States to use a CO2 anesthetizing system. More than 950 employees in this 300,000 square foot (28,000 m²) facility process over 7,000 pigs per day. The Milan plant produces fresh and frozen pork products for domestic retailers, further processors, food service providers and export customers to more than 20 countries. After the Smithfield acquisition, the Missouri plant became a member of Farmland Foods.

The North Carolina plant was purchased by PSF (and parent company Contigroup) from The Lundy Packing Group in August of 2000. After a complete re-tooling of the plant’s cut area, the facility operates with approximately 1,200 people and processes over 9,000 pigs per day. This 800,000 square foot (74,000 m²) facility produces fresh and frozen pork products to domestic and export customers. Additionally, the Clinton plant specializes in producing further processed pork and other ready-to-eat products such as ham and bacon products. After the Smithfield acquisition, the North Carolina plant became a member of Smithfield Packing.

Stevecalloway 17:19, 2 September 2007 (UTC)

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BetacommandBot (talk) 19:31, 26 November 2007 (UTC)

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