It also stopped slaughtering pigs at its hometown plant in Smithfield, Virginia, in 2021. The company is not alone: Tyson Foods shuttered an Iowa pork plant last year, and has closed U.S. poultry ...

Despite being majority-owned by a Chinese firm, the American pork company had record first-quarter adjusted operating profit ...

Over the past decade, Chinese firms have acquired several high-profile American companies, marking a notable shift in global business dynamics. From food processing leaders like Smithfield Foods to ...