May 21 - Premium Standard Farms LLC, a unit of Smithfield Foods Inc. (NYSE: SFD) hog production subsidiary, Murphy-Brown LLC, has changed its name to Murphy-Brown of Missouri LLC, effective immediately.
Adopting the Murphy-Brown label will better communicate the nature of Premium Standard's business and the role the company plays in the larger Smithfield Foods organization. The change will present a more unified message for how the company is supporting Smithfield Foods' brands, creating value for investors, employees and other stakeholders. The company has been working diligently to make changes that support the transition from Premium Standard Farms to Murphy-Brown of Missouri.
Michael Rainwater, general manager of Murphy-Brown of Missouri, stated, "This is exciting news for our company and cause for celebration. We are solidifying our position as a provider in Smithfield Foods' integrated supply chain, thereby providing increased career opportunities while continuing to be an economic engine in north Missouri. We are providing excellent jobs and strong futures for those of us who love to live and work in this rural setting."
About Murphy-Brown of Missouri, LLC
Murphy-Brown of Missouri, LLC is an independent operating company of Smithfield Foods, Inc. As a member of the Smithfield Foods family of companies, Murphy-Brown of Missouri produces consistent, high-quality pork products for a variety of markets and is a recognized leader in environmental stewardship and technology innovation. Murphy-Brown of Missouri employs approximately 1,100 people in north central Missouri.
About Smithfield Foods
Smithfield Foods is a $13 billion global food company and the world's largest pork processor and hog producer. In the United States, the company is also the leader in numerous packaged meats categories with popular brands including Smithfield, Eckrich, Farmland, Armour, Cook's, Gwaltney, John Morrell, Kretschmar, Curly's, Carando, Margherita and Healthy Ones. Smithfield Foods is committed to providing good food in a responsible way and maintains robust animal care, community involvement, employee safety, environmental, and food safety and quality programs. For more information, visit www.smithfieldfoods.com and www.smithfieldcommitments.com.