Smithfield Foods Added to Russell 1000 Index

Smithfield Foods, Inc., an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that it has been added to the Russell 1000 Index, a key benchmark for large-cap U.S. stocks. The inclusion became effective after the market close on March 21, 2025, as part of the quarterly addition of eligible initial public offerings to the Russell Indexes.

The Russell 1000 Index includes the 1,000 largest publicly traded U.S. companies based on market capitalization and is widely used by investors as a benchmark for the...

Statement from Smithfield Foods

Smithfield is pleased to announce that on October 24, 2024, FACTA, LLC, a third-party animal welfare assurance, certification, and training organization, which is accredited as a certifying agent by the California Department of Food and Agriculture (CDFA) to perform audits under the Farm Animal Confinement Initiative (Prop 12), recertified that farms 42104, 42105, 42106, 42107, and 42108, operated by Smithfield’s subsidiary Murphy-Brown LLC in Cedar City, Utah, were in compliance with CDFA’s Animal Confinement Regulations. And previously, on April 8, 2024, FACTA, LLC certified that farms 42100, 42101...

Smithfield Foods Files Registration Statement for Proposed Initial Public Offering

Smithfield Foods, Inc. (the "Company"), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") to sell shares of its common stock in an underwritten initial public offering. The Company's existing shareholder, identified in the registration statement, is also expected to sell shares of the Company's common stock in the proposed offering. The timing, the number of...

Smithfield Culinary Introduces Smithfield Select Bacon, the Game-Changing, Fully Cooked Bacon 

Smithfield Culinary, a leading producer of premium proteins, launched Smithfield Select Bacon, a fully cooked ready-to-eat option, as the latest addition to the company's platinum line of superior bacon products. This innovative offering is designed to provide an unparalleled sensory experience while significantly reducing time, labor and costs for foodservice operators. Smithfield Select Bacon delivers the rich flavor, appealing appearance and mouthwatering aroma of freshly cooked bacon without the hassle.

Smithfield Culinary's insights reveal that foodservice operators have traditionally faced the challenge of balancing...

Smithfield Foods Completes Purchase of Dry Sausage Facility from Cargill

Smithfield Foods has completed its purchase of a premier dry sausage production facility in Nashville, Tennessee, from Cargill. Terms of the agreement were not disclosed.

The transaction fuels Smithfield’s strategy of continued growth in the value-added packaged meats segment, adding dry sausage production capacity of 50 million pounds per year. Production from the Nashville facility will support Smithfield’s existing portfolio of dry sausage brands including Margherita, Carando and Armour.

“With the added capacity from this facility, Smithfield is poised to continue to expand our packaged meats business in the... 

Smithfield Foods Enters Agreement to Buy Nashville Sausage Facility from Cargill 

On Thursday, Smithfield Foods announced it entered into a definitive agreement to buy a dry sausage facility from Cargill in Nashville, Tennessee. 

The latest acquisition will expand Smithfield’s growing footprint in the value-added packaged meats segment. The transaction is expected to close by the end of next month. Terms of the agreement were not disclosed. 

“This transaction is a testament to our continued focus on growing our packaged meats business by staying ahead of and delivering on our customers’ preferences. Dry sausage is one of our fastest-growing...