Smithfield Foods, Citing High Costs of Operating in California, to Close Pork Plant

WSJ ^ | June 11, 2022 8:33 am ET | Patrick Thomas

[BenLurkin]

COPY LINK BUSINESS Smithfield Foods, Citing High Costs of Operating in California, to Close Pork Plant The U.S.’s largest hog processor says it isn’t worth doing business in the state due to higher inflation, taxes

Smithfield Foods said it would close its Vernon, Calif., plant in early 2023, citing higher costs than at other locations. PHOTO: DAVID MCNEW/GETTY IMAGES By Patrick ThomasFollow June 11, 2022 8:33 am ET

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TEXT Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and shrinking the size of its hog herd in the region, saying the cost of doing business in the state wasn’t worth it.

Smithfield...said Friday that it would close the plant in Vernon, Calif., just outside of Los Angeles, in early 2023, citing higher taxes, utility costs and labor costs in the state compared with other areas where it operates.

[GreyFriar]

Yep, greedy farmers, slaughter houses, and pork wholesalers causing another food shortage in the Gelded State.

[crusty old prospector]

Someone back east a ways is getting a hog farm as a neighbor. Most of the dairies from California have already moved to the Texas Panhandle.

[17th Miss Regt]

Thanks, Gavin!