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National & World Ag News Headlines |
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Smithfield Foods Acquires KC Sausage Company
USAgNet - 08/16/2017
Smithfield Foods has bought out the remaining stake in private-label sausage manufacturer Kansas City Sausage Company, after investing in a 50-50 joint venture back in 2013.
The sausage maker has operations in Des Moines, Iowa -- where it produces premium raw materials for sausage, as well as value-added products including boneless hams - as well as in its home town of Kansas City, Missouri.
Its Kansas City plant is the newest and most modern sausage processing facility in the US, Smithfield said, and is designed to deliver optimum efficiency to the company's retail and foodservice customers.
The move comes after Smithfield revealed investment of $25 million in Chef'd, joining the likes of Campbell's and online grocery company Fresh Direct in putting money behind the U.S. meal kit provider.
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