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Boosting Exports a Top Priority for Shuanghui



(NAFB)--Senior executives of Shuanghui  International have indicated the top priority following Thursday’s closing of its acquisition of Smithfield Foods is to ramp up pork exports from the U.S. Shuanghui Chairman Wan Long said the guiding principle for this acquisition is to accelerate Smithfield’s global expansion. The Hong Kong-based company plans to unveil details of new, premium pork products targeted at China’s growing middle class and made of meat produced in the U.S. in the next few weeks. According to Shuanghui’s chief executive - this demographic has a huge demand for healthy, high-quality food. Shuanghui executives also reiterated the company has no plans to export pork from China to the U.S. But Mr. Wan said Shuanghui will gain technical experience, improved food safety practices and become more efficient. Smithfield CEO Larry Pope said the acquisition will also benefit Smithfield and U.S. hog farmers by expanding sales of pork products that aren’t widely exported to China today.

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