The Chinese Billionaire Whose Company Owns Troubled Pork Processor Smithfield Foods

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Here's the Chinese billionaire whose company owns the troubled pork processor Smithfield Foods:

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. Less well known: its Chinese billionaire owner, who took a small state-owned meat processing plant and expanded it into a multinational company with more than $24 billion in annual sales.

As of Thursday, 598 Smithfield employees in South Dakota’s Minnehaha County have tested positive for COVID-19, as have 135 people who were not employed by Smithfield but were in close contact with its employees. 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.

Founded in Smithfield, Virginia in 1936, Smithfield Foods boasts more than 40,000 U.S. employees in nearly 50 facilities across the country. In 2013, WH Group purchased Smithfield for $4.7 billion; including debt, the deal valued the firm at $7.1 billion, then the largest acquisition of a U.S. company by a Chinese business.

 

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Now what is that pork done & its unchartered territory on people's families its so dumb not to paint a better day! Can it be documented as to how this virus pandemic hold the globe at ransom!!!

What a tragedy that this was purchased by the CCP. This man is in the party .... one in the same.

Nationalize Smithfield

He looks more pork than pork itself

🤔💭

He looks like porks too

I hope he accidentally sleeps on train tracks

Dirty individu !

If he has ties to the CCP, he should be eliminated.

Won’t be buying from this dude ever again. ChinaMustPay ChinaLiedPeopleaDied

Is it Kosher?

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