Pork and turkey processing giant Smithfield Foods, Inc., Smithfield, Va., said Richard J. M. Poulson, executive vice president, will retire from Smithfield effective September 1, 2010.
Following an early morning announcement that minority joint venture partner Smithfield Foods Inc. would like to purchase Butterball LLC, the turkey company's majority owner, Maxwell Farms, LLC, issued its own statement.
In conjunction with its fourth quarter and full-year financial earnings release, meat giant Smithfield Foods Inc., Smithfield, Va., said it offered to purchase its joint venture partner's 51 percent ownership interest in Butterball, LLC.
Competition is alive and well in the broiler chicken industry and benefits chicken farmers, poultry companies and consumers, according to a new industry study.
Hain Pure Protein Corporation ("HPP"), Plainville, N.Y., said it agreed to sell its Kosher Valley chicken and turkey brand to Empire Kosher Poultry Inc., Mifflintown, Pa.
Pilgrim's Pride Corporation said it plans to close its corporate headquarters building in Pittsburg, Texas, as well as a satellite corporate office in Atlanta as part of its continued integration with JBS USA.