AND SEND THIS FREEPATHON TO GREEN!
Click the Pic
Honk if you love Free Republic
Posted on 05/29/2013 6:36:26 AM PDT by Red Badger
Edited on 05/29/2013 6:40:15 AM PDT by Admin Moderator. [history]
RICHMOND, Va. - Chinese meat processor Shuanghui International Holdings Ltd. has agreed to buy Smithfield Foods Inc. for approximately $4.72 billion in a deal that will take the world's biggest pork producer private.
Hong Kong-based Shuanghui owns a variety of global businesses that include food, logistics and flavoring products and is China's largest meat processing enterprise. Smithfield owns brands such as Armour, Farmland and its namesake.
(Excerpt) Read more at myfoxny.com ...
So now we can look forward to plastic, toxic ingredients, and other food contaminants?
Sweet!!
You can thank the Fed and ethanol mandates for a lot of the corn price pressure that Smithfield is under right now. There’s way too much corn going in our gas pumps instead of in various bellies (pork, human, whatever).
Still, as a Virginia kid who grew up on Smithfield (and Gwaltney) bacon, it’s sad to see a legendary Virginia icon get bought out by a Chicom company.
}:-)4
First, the ChiComs have bought up our natural resources. Now they are buying up our food. They have plenty of Made in the USA money to buy anything they want.
I can’t say that I blame them. They want to preserve the value of their dollars before they become toilet paper........
Interesting.... Is this a move to get better quality food to China at manufacturer’s cost since they have destroyed so much of their farmland through inadequate environmental protections? Or is it a move to place their own locally grown pork products into the American food marketplace?
In either case I see some “unintended consequences” looming on the horizon.
I promise to be more selective when shopping for my pork chops.
Sweet and sour pork!........
They want our pork raising technorrigy!......
Soon Smithfield’s new motto will be “we glow in the dark”.
Green Energy!......It’s for the children........
They supply some of my plant’s raw material. Not good.
So now we can look forward to plastic, toxic ingredients, and other food contaminants? Sweet!!
I agree. Smithfield is a great corporate and responsible member of Smithfield Virginia. We spend a long weekend there once a year at Smithfield Station and love the community.
Smithfield Foods Inc. has a very nasty habit of hiring illegal immigrants. They’ve had many ICE raids. This company isn’t the greatest to begin with. I’ll just continue to make my meat and egg purchases from my local farmer.
all your pigs belong us
‘Raw material’?.........
ROFTL - at first glance, I thought that said "Fred and Ethel mandates"
Sky is farring, sky is farring...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.