SMITHFIELD FOODS INC

Smithfield Foods, Inc., headquartered in Smithfield, Virginia, since 1936, produces a wide variety of packaged meats and fresh pork products primarily in the United States. The company employs approximately 32,000 people in the U.S. and 2,500 people in Mexico. Smithfield is a majority-owned subsidiary of Hong Kong-based WH Group Limited. Smithfield operates through three reportable segments: Packaged Meats, Fresh Pork, and Hog Production. Additionally, operations in Mexico and Bioscience are aggregated and reported as "Other." The Packaged Meats segment encompasses U.S. operations that process fresh meat into various packaged products, including bacon, sausage, hot dogs, deli and lunch meats, dry sausage products (like pepperoni and genoa), ham products, ready-to-eat products, and prepared foods (such as pre-cooked entrees, bacon, and sausage). Approximately 80% of this segment's raw materials come from the Fresh Pork segment. Domestic packaged meats are marketed under core brands such as Smithfield, Eckrich, Nathan's Famous, Farmland, Armour, Farmer John, Kretschmar, Krakus, John Morrell, Cook's, Gwaltney, Carando, Margherita, Curly's, and Smithfield Culinary. A significant portion of packaged meats products are also sold as private label products. The majority of the Packaged Meats segment's products are sold to retail and foodservice customers in the U.S. The Fresh Pork segment consists of the company's U.S. operations.