Swift & Company Will Cut Back Shifts
By Pork news staff
(Friday, April 22, 2005)
Swift & Company officials today announced that the packer will cut back production at each of its three pork processing plants by 20 percent during the week of April 25. The officials cited unseasonably high hog prices and reduced industry margins as the reasons for this action.
Each of the company’s pork processing plants, which are located in Louisville, Ky.; Marshalltown, Iowa, and Worthington, Minn., will reduce production down to 32 hours for the coming week.
Swift & Company news release