It wasn’t too many years ago that Smithfield ham would agree to sell out to a Chinese company. I knew about Smithfield ham, not only for their ham products all over the country but several years ago I had a job in an area that Smithfield ham was located. It wasn’t this exposed location but the main location in Smithfield, VA itself. The following is an article in regards to the sale of Smithfield in 2013 to the Chinese. An American iconic company sold to the Chinese.
By Kenric Ward | Watchdog.org Virginia Bureau
RICHMOND – A Chinese company’s $7.1 billion buyout of Virginia pork giant Smithfield Foods cleared a federal hurdle and awaits expected shareholder approval later this month.
But an Asia economist says Shuanghui International isn’t in hog heaven yet.
“There still is a question if the Chinese know how to operate in the U.S. regulatory environment. It’s not that they want to screw it up, but do they know what they’re doing?” said Derek Scissors of the Heritage Foundation.
China’s pork producers are notorious for cutting health-and-safety corners. Dead hogs have been seen floating down Chinese rivers and food poisonings are not uncommon.
So Scissors said U.S. regulators should keep a keen eye out for worker “bleedout” at Smithfield.
“I would watch employee turnover in the technical fields. New rules (imposed by Shuanghui) could push them out,” he told Watchdog.org Monday.
Scissors said he had no problem with the U.S. Committee on Foreign Investment approving the buyout since USCFI is tightly tasked with assessing national-security concerns.
Critics of the deal say broader issues about food safety and security remain, however.
Senate Agriculture Committee Chairwoman Debbie Stabenow has called for a “food security plank” in USCFI reviews. She has also urged a closer inspection by the Food and Drug Administration.
But Scissors says the Michigan Democrat’s initiatives are “down the line.”
“Congress may use Smithfield as an example, but it’s not likely they’ll go after this deal.”
Politics aside, Scissors says Shuanghui could get penned in at Smithfield.
“There is a considerable risk they can fail. If Shuanghui struggles or the corporate mesh isn’t good, creditors will demand that they start selling off parts,” he predicted.
Virginia state Delegate Bob Marshall called USCFI’s approval “unbelievably shortsighted with respect to American citizens and workers.”
“We’ll have Chinese communists with links to their government owning the biggest pork producer in the world. Smithfield could have sold products to the Chinese without giving it all away,” the Manassas Republican said.
The following is secret drone footage of the Smithfield facilities and footage of them spraying the waste on the locals in the area. The video’s narration talks about there being at least 2000 operations in the state of North Carolina that do the same thing. Just imagine your children being sprayed with Pig blood and urine as they empty there waste via spray. While our government is out stopping local people from gardening or being self sufficient, it should instead be focused on activities like these.