Who owns Smithfields?

Smithfield Foods is owned by the WH Group (formerly Shuanghui Group), a Chinese company that is the world’s largest pork producer. The WH Group purchased Smithfield for $ 4.7 $ 4 . 7 billion in 2013, which was the largest Chinese acquisition of a U.S. company at the time.

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.

Did China buy Nathan's hot dogs?

Nathan's Famous, an iconic American hot dog maker that opened its first store in Coney Island more than a century ago, was sold to a Chinese-based pork producer for $450 million. Nathan's Famous, an iconic American hot dog make... Smithfield Meats has been Chinese owned for years.

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.

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

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?

Large Chinese producers and smaller hog farmers raise 97% of the pork to feed their population, but they look to the European Union, the United States, and Canada to round out the remaining 3%. Approximately 1% of their imports come from the U.S. – equaling roughly 496 thousand metric tons worth $1.1 billion.

What popular food company is owned by China?

NATHAN'S FAMOUS LAUNCHING PLANT-BASED HOT DOG

Smithfield Foods' is owned by WH Group, a Chinese pork and meat processing company.

Who makes the best hot dogs in the USA?

Don't skimp: Get the best.

• Editor's Choice: Nathan's Famous Skinless Beef Franks. ...
• The Umami Dog: Hebrew National Beef Franks. ...
• The Over-the-Top Flavor Dog: Oscar Mayer Uncured Original Wieners. ...
• The Snappiest Dog: 365 Everyday Value Organic Uncured Grass-Fed Beef Hot Dog. ...
• The Hot Dog We'd Skip: Ball Park Classic Franks.

What groceries come from China?

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.

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.

Where does China get most of its pork?

In 2024, the main origins of China's Pig Meat imports were: Spain ($607M), Brazil ($533M), Netherlands ($140M), Denmark ($124M), and Canada ($124M). The fastest growing origins for Pig Meat imports in China between 2023 and 2024 was: Argentina ($1.72M).

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.

Who is Jim Monroe Smithfield Foods?

Jim Monroe joined Smithfield as vice president, corporate affairs in September 2021, leading the company's government affairs, corporate communications and community development programs.

What is the most unhealthy hot dog?

Mixed meat: Unhealthiest: Kayem Beef and Pork Hot Dogs

Kayem Beef and Pork Hot Dogs have more fat than some of the other mixed meat hot dog options, as well as more cholesterol. They also have added ingredients, including corn syrup, potassium lactate and dextrose, a sugar.

Does China own Nathan's hot dogs?

Chinese-owned Smithfield Foods buys iconic Nathan's Famous in $450 million deal: NEW YORK, NY – Nathan's Famous, the 108-year-old Coney Island hot dog brand synonymous with classic American food culture, has been sold to Smithfield Foods, the U.S. meat-processing giant owned by Hong Kong-based WH Group.

What American companies are not American anymore?

Without them stepping in, some of them may have ceased to exist altogether.

• Popsicle. Original Headquarters: Oakland, California. ...
• Ben & Jerry's. Original Headquarters: South Burlington, Vermont. ...
• Burger King. Original Headquarters: Miami, Florida. ...
• Trader Joe's. ...
• American Apparel. ...
• Sunglass Hut. ...
• Holiday Inn. ...
• Hellman's.

Is KFC owned by China?

It was then spun off, along with other fast food chains owned by the company, to become Yum! Brands in 1997. KFC restaurants in China are owned or franchised by Yum China, a restaurant company that also owns the Pizza Hut and Taco Bell, chains in China and was spun off from Yum! Brands in 2016.

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.

What happened to Smithfield Hams?

Production of Genuine Smithfield ham was discontinued in early 2024, due to reduced demand.

Where does China get its food?

In 2023, the top partner countries from which China Imports Food include Brazil, United States, Thailand, Indonesia and Canada.