Seaboard Foods, Triumph Foods Form JV, Build New Pork Processing Plant
Seaboard Foods, Shawnee Mission, Kan., and Triumph Foods, St. Joseph, Mo., formed a joint venture with equal ownership to construct a new pork processing facility in Sioux City, Iowa, with site work expected to begin this summer and construction completed by July 2017.
The plant is expected to process about 3 million market hogs annually, operating a single shift and employing approximately 1,100 people, including approximately 200 salaried positions and 900 hourly production positions. The plant will be built on property in the Bridgeport West Industrial Park in Sioux City, located north of the Sioux Gateway Airport along the Missouri River.
The new plant will produce a full line of fresh pork products for international, retail, foodservice and further processing markets. Seaboard Foods will market and sell the pork produced by the plant. Currently, Seaboard Foods markets and sells fresh pork processed by Triumph Foods' St. Joseph, Mo., and Seaboard Foods' Guymon, Okla., plants to domestic markets under the PrairieFresh premium pork brand and international markets under the Seaboard Farms and St. Joe Pork brands.
"Today's announcement marks another step in strengthening our business partnership and position as a leading integrated food system providing customers domestically and throughout the world with premium pork focused on the highest standards for food safety and pork quality consistency," says Terry Holton, Seaboard Foods president and CEO. "We look forward to the new opportunities the plant will bring to our customers as well as the Sioux City region."
"When we started inquiring about expanding our business, we recognized the strong commitment and willingness to welcome Triumph Foods and Seaboard Foods to the city,” adds Mark Campbell, Triumph Foods chief executive officer. “Local leaders have built a business environment poised to bring growth to the region. We look forward to the new pork processing facility being part of that growth, and its staff being actively involved in the Sioux City community."
Triumph Foods is owned exclusively by pork producers and Seaboard Foods is a wholly-owned subsidiary of Seaboard Corp. Together, Seaboard Foods and Triumph Foods have aligned their farm operations and pork processing, including genetics, pig nutrition, animal care, food safety and product quality to ensure consistent, wholesome premium pork products to its customers.