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Pilgrim's
Pilgrim's Pride Corporation is an American, multi-national food company, currently one of the largest chicken producers in the United States and Puerto Rico and the second-largest chicken producer in Mexico. It exited bankruptcy in December 2009 and relocated its U.S. headquarters to Greeley, Colorado, in 2011. It is majority-owned by JBS S.A. Pilgrim's Pride purchased Gold'n Plump for $350 million in late November 2016. Description of firm Pilgrim's Pride is a multi-national corporation, based in Brazil, and employs about 38,000 people with sales of $8.1 billion in 2012, and has operations in 12 states, Mexico and Puerto Rico. They have the capacity to process about 36 million birds per week resulting in almost 9.5 billion pounds of live chicken annually. Pilgrim's Pride products are distributed primarily through foodservice and retail outlets. Pilgrim's traces its origins to a feed store opened in 1946 in Pittsburg, Texas, by Lonnie "Bo" Pilgrim and his older brother, Aubre ...
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Lonnie "Bo" Pilgrim
Lonnie Alfred "Bo" Pilgrim (May 8, 1928 – July 21, 2017) was the co-founder of Pilgrim's Pride, which at one time was one of the largest chicken producers in the United States. Pilgrim founded Pilgrim's Pride when he opened a feed store in 1946 in Pittsburg, Texas, with his older brother, Aubrey. He became the CEO of the company upon the death of his brother Aubrey in 1966, eventually amassing a net worth of $1 billion US. In 1989, when the Texas Senate was debating a bill to make major changes to the state workers' compensation system, Pilgrim handed out $10,000 US checks to nine of the 31 state senators while on the Senate floor two days before the vote. Pilgrim was not a supporter of the bill, and defended his actions by saying the checks were campaign contributions, not an attempt at bribery. The episode led to changes in the state's ethics laws. In addition to his holdings in Pilgrim's Pride, Pilgrim was also a principal shareholder of NETEX Bancorporation, a bank holding ...
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JBS USA
JBS USA Holdings, Inc. is an American food processing company and a wholly owned subsidiary of the multinational company JBS S.A. The subsidiary was created when JBS entered the U.S. market in 2007 with its purchase of Swift & Company. JBS specializes in Wagyu Beef, the only certified Japanese Cattle distributor on the entire eastern U.S. seaboard JBS USA is based in Greeley, Colorado. Its competitors include Cargill, Smithfield Foods, and Tyson Foods. History Swift & Company JBS USA's operations can be traced back to 1855, when 16-year-old Gustavus Franklin Swift founded a butchering operation in Eastham, Massachusetts. Its early origins on Cape Cod led later to locations in Brighton (in Massachusetts), and Albany, and Buffalo, New York. In 1875, Swift and Company was incorporated in Chicago. Swift and Armour and Company acquired a two-thirds controlling interest in the Fort Worth Stockyards in 1902. That same year, an antitrust lawsuit was filed against Swift for conspir ...
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Pittsburg, Texas
Pittsburg is a city and the county seat of Camp County, Texas, United States. Best known as the former home of the giant poultry producer Pilgrim's and the home of racing legend Carroll Shelby, Pittsburg is also the birthplace of Cavender's Boot City. In 1902, it was the site of an early flight attempt by the Ezekiel Air Ship Mfg Co. With a 2020 census-tabulated population of 4,335, it is the most populous city in Camp County. Etymology The city is named after the family of William Harrison Pitts. In 1996, the town changed its name to "Cowboys" for a few weeks in support of the Dallas Cowboys, who faced the Pittsburgh Steelers that year in Super Bowl XXX. Geography Pittsburg is located at 32°59'49" North, 94°58'5" West (32.997029, –94.968044). According to the United States Census Bureau, the city has a total area of , all land. The climate in this area is characterized by hot, humid summers and generally mild to cool winters. According to the Köppen climate classific ...
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Moy Park
Moy Park is a Northern Ireland based poultry meat producer, the largest meat producer in Northern Ireland, with operations in the Republic of Ireland, France, Great Britain and the Netherlands. One of the 15 biggest food companies in the United Kingdom, Moy Park is the largest employer in Northern Ireland, with 6,300 employees, 5,400 in Great Britain, 800 in France, 100 in the Netherlands and around 50 in the Republic of Ireland. History The company was founded in 1943 in the village of Moygashel near Dungannon; it continues to have a factory in Dungannon.> In September 2015, the company was sold by one Brazilian food processing company, Marfrig, to another, JBS S.A., for almost £1 billion. A £20 million investment in Moy Park's Dungannon facility was announced in late 2015, to increase production to 2.3 million birds per week. In March 2016, the company announced it would be investing £4 million at its Seagoe site in Craigavon to increase production of cooke ...
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Food Recall
A product recall is a request from a manufacturer to return a product after the discovery of safety issues or product defects that might endanger the consumer or put the maker/seller at risk of legal action. The recall is an effort to limit ruination of the corporate image and limit liability for corporate negligence, which can cause significant legal costs. It can be difficult, if not impossible, to determine how costly can be releasing to the consumer a product that could endanger someone's life and the economic loss resulting from unwanted publicity. Recalls are costly. Costs include having to handle the recalled product, replacing it and possibly being held financially responsible for the consequences of the recalled product. A country's consumer protection laws will have specific requirements in regard to product recalls. Such regulations may include how much of the cost the maker will have to bear, situations in which a recall is compulsory (usually because the risk is b ...
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List Of S&P 400 Companies
This is a list of companies having stocks that are included in the S&P MidCap 400 ( S&P 400) stock market index. The index, maintained by S&P Dow Jones Indices S&P Dow Jones Indices LLC () is a joint venture between S&P Global, the CME Group, and News Corp that was announced in 2011 and later launched in 2012. It produces, maintains, licenses, and markets stock market indices as benchmarks and as th ..., comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index contains 401 stocks because it includes two share classes of stock from 1 of its component companies. __TOC__ S&P 400 MidCap Index Component Stocks Selected past and announced changes to the list of S&P 400 components S&P Dow Jones Indices updates the components of the S&P 400 periodically, typically in response to acquisitions, or to keep the index up to date as various companies grow or shrink in value. See also * List of S&P 500 companies * List of S&P 6 ...
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West Virginia
West Virginia is a state in the Appalachian, Mid-Atlantic and Southeastern regions of the United States.The Census Bureau and the Association of American Geographers classify West Virginia as part of the Southern United States while the Bureau of Labor Statistics classifies the state as a part of the Mid-Atlantic regionMid-Atlantic Home : Mid-Atlantic Information Office: U.S. Bureau of Labor Statistics" www.bls.gov. Archived. It is bordered by Pennsylvania to the north and east, Maryland to the east and northeast, Virginia to the southeast, Kentucky to the southwest, and Ohio to the northwest. West Virginia is the 10th-smallest state by area and ranks as the 12th-least populous state, with a population of 1,793,716 residents. The capital and largest city is Charleston. West Virginia was admitted to the Union on June 20, 1863, and was a key border state during the American Civil War. It was the only state to form by separating from a Confederate state, the second to ...
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Meat Processing
The meat-packing industry (also spelled meatpacking industry or meat packing industry) handles the slaughtering, processing, packaging, and distribution of meat from animals such as cattle, pigs, sheep and other livestock. Poultry is generally not included. This greater part of the entire meat industry is primarily focused on producing meat for human consumption, but it also yields a variety of by-products including hides, dried blood, protein meals such as meat & bone meal, and, through the process of rendering, fats (such as tallow). In the United States and some other countries, the facility where the meat packing is done is called a ''slaughterhouse'', ''packinghouse'' or a ''meat-packing plant''; in New Zealand, where most of the products are exported, it is called a ''freezing works''. An abattoir is a place where animals are slaughtered for food. The meat-packing industry grew with the construction of the railroads and methods of refrigeration for meat preservation. ...
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Pilgrim (Plymouth Colony)
The Pilgrims, also known as the Pilgrim Fathers, were the English settlers who came to North America on the ''Mayflower'' and established the Plymouth Colony in what is today Plymouth, Massachusetts, named after the final departure port of Plymouth, Devon. Their leadership came from the religious congregations of Brownists, or Separatist Puritans, who had fled religious persecution in England for the tolerance of 17th-century Holland in the Netherlands. They held many of the same Puritan Calvinist religious beliefs but, unlike most other Puritans, they maintained that their congregations should separate from the English state church, which led to them being labeled Separatists (the word "Pilgrims" was not used to refer to them until several centuries later). After several years living in exile in Holland, they eventually determined to establish a new settlement in the New World and arranged with investors to fund them. They established Plymouth Colony in 1620, where they erect ...
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Rotisserie
Rotisserie, also known as spit-roasting, is a style of roasting where meat is skewered on a spit – a long solid rod used to hold food while it is being cooked over a fire in a fireplace or over a campfire, or roasted in an oven. This method is generally used for cooking large joints of meat or entire animals, such as pigs or turkeys. The rotation cooks the meat evenly in its own juices and allows easy access for continuous basting. History In medieval cuisine and early modern kitchens, the spit was the preferred way of cooking meat in a large household. A servant, preferably a boy, sat near the spit turning the metal rod slowly and cooking the food; he was known as the "spit boy" or "spit jack". Mechanical turnspits (" roasting jacks") were later invented, first powered by dogs on treadmills, and then by steam power and mechanical clockwork mechanisms. The spit could also be powered by a turbine mounted in the chimney with a worm transmission for torque and speed con ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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