China and Smithfield Virginia, Follow Up

One of the most popular items on this blog is a 2013 post about a Chinese company purchasing Smithfield, the largest meat processing company in the world. A long-time Virginia company, its headquarters are located in the Tidewater region of the commonwealth. The blog post still generates weekly hits, about half from China. I also receive e-mail about it every now and …

China Loves Pork and they Just Paid $7 billion for a lot of Virginia Swine

The Chinese government wants a lot more pork, the edible kind, and they came to the Commonwealth of Virginia to purchase the world’s leading producer of pork products. A deal was inked this week valued at a little over $7,000,000,000 for Virginia’s Smithfield Foods from Smithfield, Virginia. The buyer is Shuanghui International Holdings Limited. According to a …