Smithfield of China ?

Virginia Boy

Is nothing sacred anymore ?
I see that a company in China, is attempting to takeover
Smithfield of Virginia, who is famous the world over, for their
hams, the co. was established in 1752.
This is a disgrace! :mad:

LMLarsen

So now they'll truly be Communist pigs.

Big Chief

In a pigs eye

breamfisher

If you look at Smithfield's business practices, the Chinese will be a good fit for them. They control every aspect of their ham production (can only buy their pigs from them, use their feed, sell back to them at a price they determine...), have been known to skirt or steamroll environmental and labor laws, and just generally do things to skirt the market.

Kinda like the Chinese.

Big Chief

Those Swine!

JLDickmon

so I guess to ship the product, they'll need to air freight it?

so pigs will fly soon?

snake284

alphasigmookie wrote: »

China has massive food safety issues due to lack of effective regulation of the sector so Chinese consumers have huge demand for foreign brands. My guess is that this deal has a whole lot to do with selling American pigs to China than selling chinese pork to Americans.

Now there's a plan!

Razorbacker

alphasigmookie wrote: »

China has massive food safety issues due to lack of effective regulation of the sector so Chinese consumers have huge demand for foreign brands. My guess is that this deal has a whole lot to do with selling American pigs to China than selling chinese pork to Americans.

I read about this in either Forbes or the WSJ or something and this my take from article I read. The company's release was about how it was a great market for them.

NN

They already bought Smithfield in NC.

Vic's Viewpoint

NN wrote: »

They already bought Smithfield in NC.

And IIRC the price for the total package, nationwide, was something in excess of 4 billion dollars. That's "billion," with a "b." They ain't dat much money in de worl' !! How dey do dat?

NN

Vic's Viewpoint wrote: »

And IIRC the price for the total package, nationwide, was something in excess of 4 billion dollars. That's "billion," with a "b." They ain't dat much money in de worl' !! How dey do dat?

US debt payments

And they assumed Smithfield's outstanding debt.

horselips

There should be organized a nationwide boycott of Smithfield products. The Chinese company that bought Smithfield is owned by Goldman-Sachs - Obama's favorite Wall Street banksters, from whom he gets cabinet members and advisors when he needs one. We, the people, were successful in removing "pink slime" from supermarkets, we can do the same with pork. I'm willing to forego pork for awhile if that's what it takes to force Goldman-Sachs to unload Smithfield to an American buyer.

To hell with China, Goldman-Sachs, and the swine who owned Smithfield and sold it to begin with.

samzhere

horselips wrote: »

I'm willing to forego pork for awhile if that's what it takes to force Goldman-Sachs to unload Smithfield to an American buyer.

Well, foregoing pork really isn't necessary. All that's needed is to not buy Smithfield and patronize another producer. There are plenty of smaller, more local pork or beef or whatever suppliers.

Big Chief

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Teach

Is it time for a Boston Pig Party? No, wait- - - - -Hilary, Barbara Boxer, Dianne Feinstein, Nancy Pelosi, and Janet Reno would probably want to attend!
:vomit::vomit::vomit:
Jerry

horselips

As I said, I will not buy any ChiCom pork products. Here is a list of Smithfield brands I will be avoiding like the plague: Smithfield, Eckrich, Farmland, Armour, Cook's, Gwattney, John Morrell, Kretschmar, Curly's, Carando, Margherita, and Healthy Ones.

It won't be easy since Smithfield pork products are also found in other brands that are not necessarily their own subsidiaries. But if we boycott the brands above, it will still send a strong message - NO SALE to the effing ChiComs. No trading with the enemy! BTW, Motorola is now marketing the first Smartphone to be MADE IN AMERICA. Enjoy.