Chinese firm to buy 5% stake in Smithfield

07/2/2008 | Wall Street Journal (free content), The

Smithfield Foods will reportedly sell a 5% stake in the company to a government-owned Chinese firm, COFCO Limited. The deal signifies China's emerging role as a major player in the world meat market. Reports show that U.S. pork exports to China have been surging, partly because of the upcoming Olympic Games.

View Full Article in:

Wall Street Journal (free content), The

Published in Brief:

SmartBrief Job Listings for Food & Beverage

Job Title Company Location
Nashville State Community College
Nashville, TN
Executive Chef
Newport Harbor Corporation
Newport, RI
Executive Sous Chef
The Cliffs
Salem, SC
Executive Chef
The French Goat
Lewisburg, WV
Culinary Buyer
The Culinary Institute of America - Greystone Campus
St. Helena, CA