Smithfield Foods has today announced it will build a new distribution centre and expand its cold storage capabilities at its processing facility in Tar Heel, North Carolina.
The company will invest $100 million and add approximately 250 new jobs to bring both projects to life. In addition to the new positions, additional employment opportunities will also be available within Smithfield’s logistics partner.
The new distribution centre will be 500,000 square feet and construction will began this month. The blast cell cold storage expansion, announced earlier this year, is already underway and will increase the facility’s capacity by 140 million pounds. Both projects will be completed by autumn 2018.
The Tar Heel facility employs nearly 5,000 people and processes more than 30,000 hogs each day.
Smithfield Foods CEO Kenneth M. Sullivan said: “This expansion reflects the promising new era we’re experiencing at Smithfield. It supports our continued growth and helps us better serve our customers by providing additional capacity and optimising our distribution footprint.”
Senior vice president Dennis Organ added: “At Smithfield, we’re constantly evaluating strategies to achieve greater operational efficiencies and make our supply chain more sustainable. This project will help us accomplish both goals while better serving our customers in the south-eastern US.”
Earlier this month Smithfield announced it bought out the remaining stake in sausage manufacturer Kansas City Sausage Company, after investing in a 50-50 joint venture back in 2013. It has also joined Campbell’s in investing in US meal kit upstart Chef’d.
Source: Foodbev.com
Temperature-controlled storage and logistic solution provider, Emergent Cold LatAm, has opened ‘Chile’s largest’ frozen food warehouse. Located in Talcahuano, a region renowned for its seafood and fruit production and exports, the warehouse represents a strategic enhancement of the local cold chain infrastructure.
Never Never gin will be sold through Asahi’s alcohol division, Carlton & United Breweries (CUB). According to the company, the acquisition – which won’t impact daily operations – will enable Never Never’s premium gin to reach a wider customer base while enhancing support and product offerings for existing customers.
Coca-Cola Europacific Partners (CCEP) announced today the forthcoming departure of Nik Jhangiani, senior vice president and chief financial officer, with plans underway to identify his successor. Jhangiani will be stepping down to assume the role of CFO at Diageo later this year.
