Smithfield Foods, citing high costs of operating in California, to close pork plant - Fox Business

Smithfield Foods Inc. is set to close a California plant, citing higher taxes, and utility and labor costs as unsustainable factors to maintain business in the state.

Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and shrinking the size of its hog herd in the region, saying the cost of doing … [+3611 chars]

full article...