Food Industry
Industry: Email Alert RSS FeedSwift and Co. Inc
Agri Marketing, March, 2005
Meatpacker Swift and Co. Inc., Greeley, Colo., aims to put a quarter of its beef output into higher-margin, value-added meat products in the next few years, according to Chief Executive John Simons. Simons described the move as part of shaping Swift as a stand-alone company. Swift became a private company in 2002 when investors bought beef and pork plants from ConAgra Foods Inc.
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"Within three to five years, I'd love to have somewhere up to one-fourth of our beef, net of hamburger, qualify as value-added," said Simons.
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