AMERICA IS Under Siege

[srm4u]

there were multiple subsidiaries that Smithfield Foods owned prior to the merger......looks like the Chinese own a lot of pork farms here in the U.S.
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000091388&type=&dateb=&owner=exclude&start=40&count=40

Smithfield Foods Company History Timeline
1936
The emergence of Smithfield Foods goes back to the year 1936, when the father-son duo of Luter Sr. and Luter Jr. started with a small company named Smithfield Packing Company.
In 1936, the Luter family began a small packing plant in Smithfield, Virginia, that would one day grow to become Smithfield Foods, even allowing the town of Smithfield to come to be known as the Ham Capital of the World.
Founded in Smithfield, Virginia in 1936, Smithfield Foods boasts more than 40,000 United States employees with nearly 50 facilities across the country.
1968
Wan joined Henan Luohe Meat Products Processing United Factory — then a state-owned entity — in 1968, and eventually grew the business into WH Group.
1998
By the end of 1998, Smithfield Foods was the number one pork producer in the United States and growing internationally.
2013
On September 26, 2013, Smithfield Foods announced the completion of a definitive merger agreement with Shuanghui International Holdings Limited, which is now named WH Group Limited.
In 2013, WH Group (formerly known as Shuanghui International Holdings) purchased Smithfield for $4.7 billion; including debt, the deal valued the firm at $7.1 billion, then the largest acquisition of a United States company by a Chinese business.
2015
C. Larry Pope serves the company as its President and CEO while George H. Richter as its COO. Since the year 2015, the majority of its stake has been owned by the Chinese-based Shanghai International Holdings Ltd., which is a state-owned holding company itself.
2017
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.
https://www.zippia.com/smithfield-foods-careers-38646/history/


The Chinese Billionaire Whose Company Owns Troubled Pork Processor Smithfield Foods
Apr 16, 2020
Founded in Smithfield, Virginia in 1936, Smithfield Foods boasts more than 40,000 U.S. employees with nearly 50 facilities across the country. In 2013, WH Group (formerly known as Shuanghui International Holdings) 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. 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.

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. Wan joined Henan Luohe Meat Products Processing United Factory — then a state-owned entity — in 1968, and eventually grew the business into WH Group. His son, Wan Hongjian, is now the deputy chairman and vice president of the group.

The first signs of trouble emerged at Smithfield Food on April 9, when it announced that it would suspend operations at its Sioux Falls facility for three days. The plant, which employs 3,700 people, produces nearly 130 million servings of food per week and accounts for as much as 5% of total U.S. pork production. On April 12, the company shuttered the facility indefinitely; as reports of coronavirus cases at the plant continued to rise, the company also announced the closure of two facilities in Wisconsin and Missouri on April 15.
https://www.forbes.com/sites/jenniferwang/2020/04/16/the-chinese-billionaire-whose-company-owns-troubled-pork-processor-smithfield-foods/?sh=22dc3d992c55

Shuanghui International & Smithfield Foods Agree To Strategic Combination
May 29, 2013
https://www.perishablenews.com/meatpoultry/shuanghui-international-smithfield-foods-agree-to-strategic-combination/
https://www.sec.gov/Archives/edgar/data/91388/000119312513239664/d545921dex991.htm

Smithfield Foods Shareholders Approve Strategic Combination With Shuanghui International
September 24, 2013
https://www.globenewswire.com/news-release/2013/09/24/575468/12889/en/Smithfield-Foods-Shareholders-Approve-Strategic-Combination-With-Shuanghui-International.html
https://www.sec.gov/Archives/edgar/data/91388/000119312513379757/d603943dex991.htm