The Conservative Cave
Current Events => General Discussion => Topic started by: Eupher on June 12, 2022, 07:15:12 AM
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Yet another company to shut its doors in CA. This is what happens when leftists run an entire state.
Smithfields Inc., the largest pork packer in the United States, is leaving California due to high operational costs and red tape.
“Smithfield Foods, Inc. today announced that it will cease all harvest and processing operations in Vernon, California in early 2023 and, at the same time, align its hog production system by reducing its sow herd in its Western region,” the company said on Friday in a statement.
Smithfield also plans to reduce its sow herd in Utah and exit its farms in Arizona and California.
Instead, the company will serve California customers with its Farmer John brand and other brands and products from current facilities in the Midwest.
“Smithfield is taking these steps due to the escalating cost of doing business in California,” the company explained.
The company, owned by Hong Kong-listed WH Group Ltd., said that workers at the plant will be offered financial and transition assistance, including the option to relocate to other Smithfield facilities.
Jim Monroe, vice president for corporate affairs of Smithfield, said two main factors drove the company’s decision: high costs and overregulation.
“The cost of doing business in California is significantly higher than other states where we operate. Utilities, for example, are 3.5 times per head higher than our other location where we do the same work. Taxes and other costs are significantly higher,” he told The Epoch Times.
Epoch Times (https://www.theepochtimes.com/largest-us-pork-packer-closing-california-plant-citing-high-costs-and-red-tape_4527574.html?est=606hLUK1v1HWzFqm2shDN58uvpuojWvfWsGL1bk0hQKo%2FMmIeAAPf6UXtjLLwQf8SWw%3D)
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...“The cost of doing business in California is significantly higher than other states where we operate. Utilities, for example, are 3.5 times per head higher than our other location where we do the same work. Taxes and other costs are significantly higher,” he told The Epoch Times.
There's the money quote, right there. 3.5 times more expensive than anywhere else is not a small difference.
Congratulations, Commiefornia...
(https://thumbs.gfycat.com/CompetentEnchantedDore-size_restricted.gif)
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Not to worry there are still a lot of pork packers in California.
(https://external-content.duckduckgo.com/iu/?u=http%3A%2F%2Fww4.hdnux.com%2Fphotos%2F47%2F67%2F56%2F10451851%2F7%2FrawImage.jpg&f=1&nofb=1)
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Not to worry there are still a lot of pork packers in California.
(https://external-content.duckduckgo.com/iu/?u=http%3A%2F%2Fww4.hdnux.com%2Fphotos%2F47%2F67%2F56%2F10451851%2F7%2FrawImage.jpg&f=1&nofb=1)
:lmao: :rotf: :hi5:
Maybe so, but that ain't the type of pork I'll be putting on the bbq grill.
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Not to worry there are still a lot of pork packers in California.
(https://external-content.duckduckgo.com/iu/?u=http%3A%2F%2Fww4.hdnux.com%2Fphotos%2F47%2F67%2F56%2F10451851%2F7%2FrawImage.jpg&f=1&nofb=1)
:ohmy:
You smart-ass Grumpy old one!!! :-) :hi5:
~ ABC
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It bothers me that this is a foreign owned company. Closing a food plant. After all the food plant fires we have had.
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It bothers me that this is a foreign owned company. Closing a food plant. After all the food plant fires we have had.
China owns biden, by the time he is out of office most of the US will be foreign owned. :thatsright:
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Not to worry there are still a lot of pork packers in California.
(https://external-content.duckduckgo.com/iu/?u=http%3A%2F%2Fww4.hdnux.com%2Fphotos%2F47%2F67%2F56%2F10451851%2F7%2FrawImage.jpg&f=1&nofb=1)
Gotta love 50k folks wearing a t-shirt that says "Be an original".
:-)