Meat Industry INSIGHTS Newsletter

980803 Smithfield Foods to Buy Sausage Supplier

August 5, 1998

Smithfield, VA - Smithfield Foods is buying a Pennsylvania company that supplies sausage products to McDonald's and other national restaurant chains. Terms were not disclosed and the purchase of North Side Foods is expected to be completed by Labor Day. Smithfield owns 14 major slaughterhouses and meat processing plants. The company posted a 1997 profit of nearly $45 million.

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