The Rath Packing Company
The Rath Packing Company (Rath) of Waterloo (Iowa) opened for business on November 24, 1891, on the Cedar River. Initially, the company concentrated on hogs, but by 1908 the company was also slaughtering beef and soon lamb as well. Business thrived; lucrative contracts to supply meat to the Armed Forces during both World Wars helped the company grow. Growth and profitability were also spurred between the 1930s and 1950s by innovations such as the fancy dry curing of bacon and the vacuum canning of meats. By the company’s fiftieth anniversary in 1941, the small regional packing house in Waterloo had grown into the nation’s single largest meatpacking facility with branch facilities in 12 states. By the end of World War II, Rath was the fifth largest meatpacker in the U.S. Through two world wars, stock market panics, depression, and drought, the company had failed to show a profit in only four of its years.
The years following World War II brought labor troubles. A 1948 strike at the Waterloo plant resulted in the death of a striking union member and a riot. Iowa National Guard troops were called in to restore order. Holding firm, Rath management eventually outlasted the union in negotiations, but labor relations remained sour.
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