Smithfield Foods, Inc., announced that it has “commenced the roadshow” for an underwritten initial public offering of 34,800,000 shares of its common stock. According to a release, the initial ...
Smithfield Foods' CEO says he hopes that everything the company has done to make working in its plants more attractive ever since COVID tore through the industry during the pandemic will help it ...
Smithfield does still hold about 85,000 acres of farmland, but Smith said the decision to sell of about 45,000 acres was made to help reduce the company's costs and streamline operations — not ...