Opinion on  Smithfield Foods Inc. (SFD)     Sector: Consumer/Non-Cyclical  >  Industry: Food Processing
Smithfield Foods Inc.

Smithfield Foods, Inc., together with its subsidiaries, engages in the processing of pork and production of hog in the United States and internationally. It offers fresh pork to retail customers as unprocessed, trimmed cuts, such as butts, loins, picnics, and ribs; and packaged meat products, including smoked and boiled hams, bacon, sausage, hot dogs, deli and luncheon meats, pepperoni, and dry meat products, as well as ready-to-eat, prepared foods, such as pre-cooked entrees, and pre-cooked bacon and sausage. The company also engages in the production of hogs; and turkey production and hatchery operations. Smithfield Foods sells its products to supermarket chains; wholesale distributors; the foodservice industry comprising fast food, restaurant, and hotel chains, as well as hospitals and other institutional customers; export markets; and other further processors. The company distributes its products through its sales force and independent commission brokers. Smithfield Foods was founded in 1961 and is based in Smithfield, Virginia.