Who is the owner of Smithfield meat?

Smithfield Foods is owned by the WH Group (formerly Shuanghui International Holdings), a Chinese pork and meat processing company based in Hong Kong. The WH Group acquired Smithfield in 2013 for $4.7 billion. As of 2025, WH Group remains the parent company, with roughly 93% ownership. Wan Long is the chairman of the WH Group.

Who actually owns Smithfield Foods?

2013 purchase by Shuanghui Group

On May 29, 2013, WH Group, then known as Shuanghui Group and sometimes also Shineway Group, the largest meat producer in China, announced the purchase of Smithfield Foods for $4.72 billion, a sale first suggested in 2009.

Who is the largest shareholder of Smithfield Foods?

As of April 2025, WH Group, a publicly listed entity on the Hong Kong Stock Exchange (HKEX: 0288.HK), maintains substantial control over Smithfield Foods. WH Group beneficially owns nearly 93% of Smithfield Foods' outstanding shares, solidifying its position as the primary Smithfield Foods owner.

Who is the owner of WH Group?

Wan Long (Chinese: 万隆; born 1940) is a Chinese billionaire businessman, the chairman and CEO of WH Group, the world's largest pork company, with subsidiaries including Smithfield Foods in the US.

Are Smithfield and Tyson the same company?

Tyson Foods Inc. will sell its pork unit to Smithfield Foods Inc., the nation's largest hog producer, as part of its effort to shed smaller food units and focus on poultry.

Smithfield Foods: How the World’s Biggest Pork Producer Took Over

Does KFC use Tyson chicken?

As one of the top chicken and meat suppliers in the U.S., Tyson provides products not only to KFC but also to other fast food chains, including Taco Bell and McDonald's. Tyson also functions as the parent company of other well-known brands, such as Jimmy Dean, Ball Park, and Sara Lee.

How much of our food comes from China?

The remainder included a wide variety of products, many associated with Asian cuisine. Despite the rapid growth, less than 1 percent of the U.S. food supply comes from China. For a few specific items, like apple juice, garlic, canned mandarin oranges, fish, and shrimp, China is a major supplier.

Is WH Group owned by China?

On the one hand, WH Group is a private company that's traded on the Hong Kong stock exchange. Smithfield CEO Larry Pope testified to Congress in 2013 that WH Group was not managed or run by the Chinese government, and Smithfield itself is still managed by American executives.

Does China buy pork from the US?

In 2024, U.S. pork producers exported $8.6 billion of pork products. Also in 2024, more than 367 thousand metric tons of U.S. pork were exported to China, worth over $1.1 billion. Approximately 55% of pork variety meats (offal) exports go to China.

Which bacon comes from China?

Lop Yuk and Sam Gyup Sal

In China, bacon is known as “lop yuk.” Unlike bacon in the United States, Chinese-style bacon usually originates from pork loin instead of belly. The bacon is then salted and cured, before being sold in markets throughout the country.

How much is Joe Luter's net worth?

Joseph W. Luter III of Smithfield and Washington, $75 million.

How much does the CEO of Smithfield Foods make?

SEC filings show Smithfield Foods CEO made $14.9 million in 2024.

Who owns most of the pork industry in the United States?

Who's the Largest Pork Producer in the United States? The largest pork producer in the U.S. is Smithfield Foods. Though it was founded and is based in the U.S., Smithfield was purchased in 2013 by a Chinese company called the WH Group, which still owns it today.

Is Smithfield an USA company?

Smithfield is an American food company and an industry leader in value-added packaged meats and fresh pork with over $14 billion in annual sales. We employ approximately 32,000 people in the United States and approximately 2,500 people in Mexico.

Why is pork so cheap in China?

Due to economic reforms implemented by Deng Xiaoping, industrial agriculture became favored over small farms, making it much easier for China to produce boatloads of cheap pork.

Where does America get most of its pork from?

At this point in 2025, Mexico remains the top export destination for United States pork (438 thousand MT), Japan follows with 168 thousand MT of pork. While the United States imports minimal pork, Canada and Mexico are the top suppliers of pork to the United States. Canada accounts for a significant majority (70%).

Where is Smithfield hams processed?

Genuine Smithfield hams [are those] cut from the carcasses of peanut-fed hogs, raised in the peanut-belt of the Commonwealth of Virginia or the State of North Carolina, and which are cured, treated, smoked, and processed in the town of Smithfield, in the Commonwealth of Virginia.

Is Tyson Foods a Chinese company?

Tyson Foods, Inc. is an American multinational corporation based in Springdale, Arkansas that operates in the food industry.

What groceries come from China?

The top U.S. import commodities from China are fruits and vegetables (fresh/processed), snack food, spices, and tea – the combined which accounts for nearly one-half of the total U.S. agricultural imports from China.

Are Nathan's hot dogs made in China?

Nathan's hot dogs are primarily manufactured by Smithfield Foods, a subsidiary of China's WH Group. Nathan's Hot Dogs can also be found in stores for retail sale, usually in the lunch meat aisle.

Which country is no. 1 in food industry?

China is the market leader with a share of $2,487 billion in 2021 accounting for 33% of the global market size in the Food segment.

What does the US import 100% of?

SunSirs: National Security at Risk: U.S. Imports 100% of 12 Critical Minerals—Trump Era Officials Return as 'Shareholders' As strategic pillars for the clean energy transition and defense security, the supply chain autonomy of critical minerals has become a core issue in the competition among major powers.