Tyson Foods Inc Investors need to keep an eye on some of 2021's most anticipated IPOs. "Our country is blessed with abundant livestock supplies, but our processing facilities are the bottleneck of our food chain," Sullivan said. Smithfield Foods press release, Smithfield Foods To Close Sioux Falls, SD Plant Indefinitely Amid COVID-19 Sioux Falls Argus Leader, Gov. on this page is accurate as of the posting date; however, some of our partner offers may have expired. REUTERS/Tom Polansek/File PhotoReuters. Such processing facilities are less important to maintaining the U.S. food supply than slaughterhouses, said Steve Meyer, economist for commodity firm Kerns and Associates. The Virginia-based company said it will sanitize the plant and install physical barriers to “enhance social distancing.”. Bank of America recommends these small-cap stocks. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia, and death. There has been no evidence that the coronavirus is being transmitted through food or its packaging, according to the Department of Agriculture. South Dakota epidemiologist Josh Clayton said Smithfield has been testing employees for “nearly a week,” working with the company’s health care system. A third promising vaccine candidate emerges, outweighing the worrisome pace of the virus. Advisors use customization and automation to align investments with a plan. Companies like Cargill Inc, JBS USA and National Beef Packing Co have also shut meat plants. Both plants are located near areas where "community spread of COVID-19 has been prevalent," the company said. Coronavirus; Smithfield Foods Is Blaming “Living Circumstances In Certain Cultures” For One Of America’s Largest COVID-19 Clusters. TOPLINE Smithfield Foods’ meat processing plant in Sioux Falls, South Dakota, has become the largest coronavirus hotbed in the United States with about 735 associate cases, while Gov. “Inside Smithfield, workers are not feeling safe,” she said. Restaurant demand has evaporated as dining rooms have closed. 8012 Hankins Industrial Park Road, Toano, VA 23168. Other meat processing plants have also closed temporarily because of outbreaks of the coronavirus, including a Tyson Foods facility in Columbus Junction, Iowa, where more than two dozen employees tested positive. For most people, the coronavirus causes mild or moderate symptoms, such as fever and cough that clear up in two to three weeks. Here's a primer for investors on understanding and measuring shareholder value. South Dakota health officials have said more than 80 plant workers tested positive for COVID-19, while the union representing workers said more than 120 have confirmed infections. The Missouri plant, which employs more than 400 people, processes pork from the Smithfield slaughterhouse in Sioux Falls, South Dakota, that the company closed indefinitely. Tyson, Cargill and other major meat processing companies say they are taking a variety of precautions to keep workers safe, including taking the temperature of everyone entering their plants, adding clear plexiglass shields between work stations and erecting tents for more lunchroom space. There has been no evidence that the coronavirus is being transmitted through food or its packaging, according to the Department of Agriculture. Existing home sales also shot higher in October as housing keeps heating up amid the pandemic. REUTERS/Tom Polansek/File Photo, California Do Not Sell My Personal Information Request. The United Food and Commercial Workers, which represents workers at the plant, said it had pushed for a partial closure after the first infection was confirmed. Sullivan said Smithfield Foods is taking “the utmost precautions and actions to ensure the health and wellbeing of our employees — with an even increased emphasis on our critical role in the ongoing supply of food to American families.”. Nancy Reynoza, an organizer with ¿Que Pasa Sioux Falls?, a Latino community organization, said they organized the protest after hearing from workers at the plant that they were afraid to speak out about the lack of safety measures in place. SIOUX FALLS, S.D. The Smithfield pork processing plant in Sioux Falls, S.D., is seen Wednesday, April 8, 2020, where health officials reported more than 80 employees have confirmed cases of the coronavirus (AP Photo/Stephen Groves), Connect with the definitive source for global and local news. Both plants are located near areas where "community spread of COVID-19 has been prevalent," the company said. The CARES Act has opened up one-time opportunities for investors. TGT stock has been outperforming, despite steep competition. When it comes to investing in space, these are the best companies to watch. Is this growth sustainable? Smithfield Foods spokeswoman Keira Lombardo said the company posted signs telling workers with symptoms to stay home and saying that the would not be penalized for missing work. Demand for meat at grocery stores has climbed as consumers are staying home to protect themselves from the contagious respiratory virus. Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. FILE PHOTO: A truck arrives at Smithfield Foods' pork plant in Smithfield, Virginia, U.S. October 17, 2019. The company said it would pay employees who were scheduled to work the days it will be closed. Smithfield Foods CEO Kenneth Sullivan said in a statement that the plant dishes out nearly 18 million servings of meat per day. Smithfield Foods Shuts U.S. Bacon, Ham Plants as Coronavirus Hits Meat Sector More FILE PHOTO: A truck arrives at Smithfield Foods' pork plant in Smithfield, Virginia, U.S. October 17, 2019. and have not been previously reviewed, approved or endorsed by any other

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