In 1936, Joseph W. Luter and his son founded a small meat-packing company, The Smithfield Packing Company, along the tributary of the historic James River in the colonial town of Smithfield, Virginia. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and porkproducer in the world. The $14 billion global meat-processing company—the world’s largest hog farmer and pork producer and maker of the uniquely aged and smoked Smithfield ham—is the biggest employer in the town of about 8,000 people. About Smithfield & Smithfield Foods, Inc. California Transparency in Supply Chains Act Disclosure. Smithfield Foods, the world’s largest pork processor and hog producer, has been making headlines for shutting down plants in three states after a rash of coronavirus cases hit its Sioux Falls, South Dakota operation. Some are shocked that 'China would own our Smithfield,' said Carolyn Burke, a longtime resident who owns the eatery. Smithfield. His son, Wan Hongjian, is now the deputy chairman and vice president of the group. The total cluster of 733 cases makes up more than half of the state’s total coronavirus cases, which stands at 1,311, according to the South Dakota Department of Health. Now, the owner of Nathan's Famous hot dogs and Cook's ham is scrambling to contain one of the largest coronavirus hot spots in the U.S. Wan Long, who at age 80 is chairman and CEO of WH Group, is the firm's largest individual shareholder with a roughly 16% stake; estimates his net worth at $1.9 billion. Wan Long, who at age 80 is chairman and CEO of WH Group, is the firm's largest individual shareholder with a roughly 16% stake; Forbes estimates his net worth at $1.9 billion. Founded in Smithfield, Virginia in 1936, Smithfield Foods boasts more than 40,000 U.S. employees with nearly 50 facilities across the country. Below we answer a few of the most frequently asked questions related to the acquisition and our ownership. You may opt-out by, Smithfield Foods, the world’s largest pork processor and hog producer, has been making headlines for shutting down plants in three states after a rash of coronavirus cases hit its Sioux Falls, South Dakota operation. , who took a small Chinese state-owned meat processing plant and expanded it into a multinational company with more than $24 billion in annual sales. Smithfield Foods, makers of ham products under a variety of brand names, is being purchased by Chinese food maker Shuanghui International, for $4.72 billion in cash. Celebrating life and meaningful occasions is at the heart of our commitment to quality and the promise of premium flavor. Below we answer a few of the most frequently asked questions related to the acquisition and our ownership. Smithfield. Smithfield Foods in Smithfield, Va., the largest pork producer in the world, has been bought by Communist Chinese state-owned enterprise Shuanghui Group. Outside the US, the company has facilit… The company was founded in Smithfield, Virginia, in 1936 and was acquired by Hong Kong-based WH Group in 2013. Hickory Smoked Spiral Sliced Ham - Original Smithfield Hams are in a class by themselves. The Republican governor added that she has been in communication with Vice President Mike Pence and Smithfield’s CEO, and a team from the Centers for Disease Control and Prevention has arrived to help assess the situation. In other words, we do things the right way. “Let's be perfectly clear: a shelter-in-place order would NOT have prevented Smithfield from happening. It’s flavor that brings family and friends together, creating moments of connection and lifelong memories. They are a critical infrastructure business. by Christian Gomez Smithfield has a passion for flavor, quality and freshness, and so do our customers. Wan joined Henan Luohe Meat Products Processing United Factory — then a state-owned entity — in 1968, and eventually grew the business into WH Group. Complete List of Smithfield Foods Subsidiaries and Brands. 'It's Smithfield ham, it's not China ham,' Burke said. They are part of the nation's food supply chain and contribute to South Dakota's role feeding the country and the world,” Noem tweeted on April 15. The company was founded in Smithfield, Virginia, in 1936 and was acquired by Hong Kong-based WH Group in 2013. “As a leading global food and protein company, WH Group is committed to continuously providing safe, nutritious and delicious food to its consumers. His son, Wan Hongjian, is now the deputy chairman and vice president of the group. Amid the COVID-19 outbreak, our subsidiary Smithfield has been adopting a series of stringent and detailed processes and protocols," a spokesperson from WH Group said in a statement. In addition, we have an impressive portfolio of products that include bacon, pork loins, pork chops, ham steaks, ground pork, sausage, lunchmeat and more. They are part of the nation's food supply chain and contribute to South Dakota's role feeding the country and the world,” Noem. WH Group went public on the Hong Kong Stock Exchange a year later, and furthered its American presence by buying Clougherty Packing, California's largest pork processor, in 2017. Smithfield Foods, the world’s largest pork producer, was acquired by a Chinese firm in 2013 for nearly $5 billion -- more than the company’s market value.