Hong Kong-Based Company Spins Off Pork Producer Smithfield Foods

Hong Kong-Based Company Spins Off Pork Producer Smithfield Foods

Latin Times Smithfield Foods, the largest pork processor in the country, announced it will not close additional plants as it focuses on growth following its initial public offering (IPO), CEO Shane Smith said Tuesday. The company is a spin off of Hong Kong-based WH Group and returned to the U.S. market after 10 years on…

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