Two years after its acquisition by AdvancePierre Foods, the former Landshire sandwich-assembly plant in Caseyville, Ill., has embarked on a more stable and measured — but crucial to the company’s success — course for expansion and growth.
Part of the selling point for AdvancePierre Foods (APF) to potential investors leading up to the company’s initial public offering (IPO) last year was the claim that APF was a veritable expert on acquiring smaller companies.
When forecasting what to expect for the meat industry in 2017, the first thing on everybody’s mind is: "What does a Trump presidency mean to my business and the industry?"
AdvancePierre Foods' initial public offering (IPO) in July 2016 was a success for the company — now the sandwich and protein processor aims to follow the acquisition and growth strategies in its DNA to make it a resounding success for investors.
AdvancePierre Foods’ initial public offering (IPO) in July 2016 was a success for the company — now the sandwich and protein processor aims to follow the acquisition and growth strategies in its DNA to make it a resounding success for investors.
In December 2016, Andy Hanacek sat down with Ken Sullivan, president and CEO of Smithfield Foods, to discuss his company's most recent acquisition on the West Coast, shortly after it was announced.
Poultry products remain popular with consumers and the industry has plenty of open road ahead; but external mitigating factors continued to tamp down sales in 2016 and have some areas in need of a tuneup.
Overall sales of poultry were down less than 1 percent in 2016 from 2015 because of a decline in poultry prices as well as total volume of poultry sold, according to Chicago-based Mintel International’s Poultry U.S. report, published in November 2016.
In 1966, John S. Richardson founded SugarCreek Packing Co. in Washington Court House, Ohio, opting to focus production on bacon — an accidentally prescient move that would set the company on course for long-term success during his tenure.
Working at Raider Red Meats seldom gets boring. Employees have to harvest animals, cut steaks, and produce the further-processed items like sausages and shelf-stable meat snacks.
The year 2016 was a far less dramatic year for the beef, pork and poultry industries and provided breathing room for industry participants to absorb last year’s sluggish export sales, large animal supplies and falling prices.