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| | Miller Sues Smithfield Foods to Block Acquisition of Murphy Farms in Iowa (Site not responding. Last check: 2007-11-04) |
 | | On Sept. 2, 1999, Smithfield Foods, of Smithfield, VA, announced that it had reached agreement in principle to acquire Murphy Farms, Inc., which is headquartered in Rose Hill, NC. |
 | | Smithfield also noted in September that Murphy Farms is the second largest hog production company in the U.S., with approximately 325,000 sows producing approximately 5.5 million market hogs annually. |
 | | Smithfield said the acquisition would increase the company's level of domestic vertical integration to 60 percent (the company would produce 60% of the pigs it requires for processing.) Smithfield said it and its subsidiaries raise hogs already in North Carolina, South Carolina, Colorado, Virginia, Utah, Brazil and Mexico. |
| www.state.ia.us /government/ag/smithfield.htm (471 words) |
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