Meat&Poultry - March 2013 - (Page 11)

Smithfield, Kansas City Sausage form jv Smithfield Foods Inc. announced ture is a logical fit for Smithfield,” said plans to form a 50/50 joint venture C. Larry Pope, president and CEO of with Kansas City Sausage Compa- Smithfield. “It will provide a growth Cit y Sausage ny LLC and its sister company, Pine platform in two key packaged meats is a leading US Ridge Farms LLC. categories — breakfast sausage and sausage produc- dinner sausage. er and sow processor with sales of ap- Smithfield will fund the joint he added. Kansas Larry Pope venture using cash on hand, and the “Kansas City Sausage is one of our proximately $200 million. The com- transaction is expected to close in the largest live sow customers today. This pany has operations in Des Moines, fourth quarter of fiscal 2013 subject to joint venture will enable us to move Iowa and Kansas City, Mo. The Des regulatory approval and closing condi- raw material up the value chain from Moines operation produces premium tions. Terms of the deal were not dis- commodity live sows to branded pack- raw materials for sausage and value- closed. Smithfield expects the transac- aged meats. We will merge Kansas added products such as boneless hams tion to immediately boost its earnings. City Sausage’s low-cost, efficient op- and hides. The Kansas City plant is “With our strong ongoing focus on erations and high-quality products described as the newest and most building our packaged meats business, with Smithfield’s strong brands and modern sausage processing facility and with 15 percent of the United sales and marketing team to continue in the US and is designed for opti- States sow population, this joint ven- to grow our packaged meats business,” mum efficiency. ■ BUY AMERICAN! M Made in America by Americans! Proudly Serving the Meat and Poultry Industry for over 19 Years Ar Wrap ounds HIGHEST QUALITY-LOW PRICESFAST & PERSONAL SERVICE Butch er F & Lab rocks coats Buy DIRECT from the B MANUFACTURER! Call Brenda Today Omni Apparel, Inc. American Quality in Every Stitch 113 Kingsbridge Drive, Carrollton, GA 30117 Toll-free 1-800-951-COAT (2628) Local 770-838-1008 • www.omniapparel.com Fax 770-838-1038 • e-mail: oapparel@bellsouth.net www.MeatPoultry.com • March 2013 • Meat&Poultry • 11 http://www.omniapparel.com

Table of Contents for the Digital Edition of Meat&Poultry - March 2013

Meat&Poultry - March 2013
Table of Contents
Commentary - Food-safety déjà vu
Business Notes - Vilsack details sequester impact on meat industry
More horse meat detected in European products
Smithfield, Kansas City Sausage form jv
Tyson addresses plant closure, acquisitions
Sanderson to build poultry complex in Texas
USDA expected to OK horse-slaughter plant
Washington - Consequences of inspection cuts
Top 100 - This year's Top 100 ranking reflects the industry's evolution during challenging times
Corporate Citizenship - Sustainability-driven
Small Business Matters - Aiming to please
Ingredient Solutions - Accent on adventure
Pork Processing - Hog ties
Tools of the Trade - Cool Birds
Packaging Solutions - MAP mindsets
Show Preview - Worldwide welcome
From the Corral - Slow and steady improvements
Names in the News
New Product Showcase
Classified Advertising
Advertisers
The Insider

Meat&Poultry - March 2013

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