SMITHFIELD, Va., June 27, 2014 (GLOBE NEWSWIRE) -- FORTUNE magazine once again has ranked Smithfield Foods among America's 500 largest corporations.
Smithfield placed 214 among FORTUNE'S top 500 U.S. companies, based on a total revenue of $13.2 billion. The company has appeared on the Fortune 500 for 17 consecutive years.
"We are proud of our annual ranking in the FORTUNE 500 and are grateful to our employees, whose hard work and commitment day in and day out have earned the trust of customers and consumers," said Larry Pope, Smithfield's president and chief executive officer.
Smithfield Foods was founded in 1936 and has grown from a modest meat packing company located on the banks of the historic Pagan River in Smithfield, Virginia, to its status today as a $14 billion global food company and the world's largest pork processor and hog producer, employing more than 46,000 people worldwide.
According to FORTUNE, its top 500 companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated and operate in the U.S. and file financial statements with a government agency. This includes private companies and cooperatives that file a 10-K or a comparable financial statement with a government agency, and mutual insurance companies that file with state regulators.
About Smithfield Foods
Smithfield Foods is a $14 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.