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Nightingale ice cream expansion to add 166 jobs
Nightingale Ice Cream Sandwiches is investing $5.8 million to move to a new facility in Richmond and expects to create 166 jobs.
Smithfield Foods raises $522M in first day on Nasdaq
Smithfield Foods officials rang the opening bell Tuesday at the Nasdaq MarketSite in New York City, as the packaged meat and fresh pork giant launched its initial public offering of 26 million stock shares at $20 per share on the Nasdaq Global Select Market, raising $522 million. The offering consists of 13,043,479 shares of common […]
Smithfield Foods files for IPO
Virginia’s Smithfield Foods announced Monday it has filed a registration statement to the U.S. Securities and Exchange Commission for its initial public offering. This is the first step toward the pork and packaged meats giant’s plan of selling common stock on the Nasdaq Global Select Market under the ticker symbol SFD. In November 2024, Smithfield’s […]
Smithfield to form new hog production company ahead of IPO
Smithfield Foods has inked a deal with VisionAg, an affiliate of North Carolina’s HD3 Farms, to start a new hog production business early next year as the meat producer gears up to go public, the company announced Friday. Smithfield, a giant in packaged meats and pork products, will provide 28,000 sows to the new company, […]
Boar’s Head to indefinitely shutter Va. facility tied to fatal listeria outbreak
Deli meat company Boar’s Head Provisions Co. is indefinitely shutting down its meat production facility in Jarratt, the source of a listeria outbreak that killed at least nine people and hospitalized 57 others. The plant has not been operating since late July. The Centers for Disease Control and Prevention opened an investigation on July 19. […]
Smithfield Foods names new CFO
Mark Hall, Smithfield Foods Inc.’s executive vice president of finance, has been promoted to chief financial officer and will start in the role on Jan. 1, 2023, the nation’s largest pork product manufacturer and hog producer announced Tuesday. The company’s current CFO since 2015, Glen Nunziata, will leave Smithfield Foods at the end of this […]
Italian meat company bringing 150 jobs to Rockingham County
Italian cured meats manufacturer Veronesi Holding S.p.A., a Gruppo Veronesi company, will invest approximately $100 million to establish its first U.S. production facility in Rockingham County, creating an estimated 150 jobs over the next four years, Gov. Ralph Northam announced Thursday. The facility will be located on 75.8 acres in the Innovation Village @ Rockingham […]
CAVA to build $30M facility in Augusta County
Washington, D.C.-based fast-casual Mediterranean restaurant chain CAVA will spend more than $30 million to establish a new processing and packaging facility in Augusta County, a project expected to create 52 jobs, Gov. Ralph Northam announced Thursday. CAVA will build the 57,000-square-foot facility in Mill Place Commerce Park in Verona. “Food and beverage processing is at […]
Sorry, Pittsburgh! StarKist Co. relocating HQ to Reston in 2022
StarKist Co. is moving its corporate and administrative headquarters from Pittsburgh to Fairfax County, Gov. Ralph Northam announced Thursday. The seafood and chicken company, a subsidiary of Dongwon Industries Co. Ltd., plans to occupy space in a Reston office building, creating 83 jobs by spring 2022. “Virginia is home to a diverse ecosystem of more […]
