Smithfield Packing Company - History

History

The Luter family of Smithfield, Virginia, has been curing and selling hams since the turn of the century. Joseph W. Luter, Sr.'s first job was at a local meat packing plant. His young son, Joseph W. Luter, Jr., followed in his father's footsteps, learning every phase of the meat packing industry. And eventually persuading him to start their own business - Smithfield Packing Company was chartered in 1936.

In 1962, with Smithfield already on its way to becoming the "Ham Capital of the World", Joseph W. Luter III became the company's leader. Expanding the plant's facilities and product line became the key to a growth cycle that promoted Smithfield Packing Company from a family business into a large, investor-owned and publicly-traded company.

Today Smithfield Packing has become a worldwide marketer of pork products, the largest subsidiary of Smithfield Foods, Inc., and one of America's largest meat companies. It also owns the largest slaughterhouse in the world, located at Tar Heel, North Carolina, USA, and built in 1992. Joseph W. Luter IV, became president of Smithfield Packing in 2004 after having served as an executive vice president of the parent company.

Read more about this topic:  Smithfield Packing Company

Famous quotes containing the word history:

    This above all makes history useful and desirable: it unfolds before our eyes a glorious record of exemplary actions.
    Titus Livius (Livy)

    I cannot be much pleased without an appearance of truth; at least of possibility—I wish the history to be natural though the sentiments are refined; and the characters to be probable, though their behaviour is excelling.
    Frances Burney (1752–1840)

    The history of all hitherto existing society is the history of class struggles.
    Karl Marx (1818–1883)