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Home > Company Index > Food, Beverage & Tobacco > Meat Products > Premium Standard Farms, Inc.

Premium Standard Farms, Inc.
 PROFILE
Premium Standard Farms (PSF) goes whole hog. The company, one of the largest pork producers in the US, controls production from birth to slaughter, making feed and selling live hogs, fresh pork, and processed products. It has facilities in rural northern Missouri and in Texas. Not everyone is hog wild about PSF: The company has faced protests and paid fines over the economic and environmental impact of its large-scale hog operations. Founded in 1988 and slopped with cash for years by investment bank Morgan Stanley, PSF reorganized under Chapter 11 bankruptcy protection in 1996. Agribusiness giant ContiGroup bought 51% of PSF in 1998 and combined its own pork operations with the company.

 COMPETITION
Cargill, Incorporated (dossier)
Smithfield Foods, Inc. (SFD)
Tyson Foods, Inc. (TSN)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
1999 Sales (mil.): 231.70
Employees: 2,570
Revenue per employee: $90,155.64

 KEY PEOPLE
• John Meyer
    CEO
• Steve Lightstone
    CFO

 CONTACT INFO
423 W. Eighth St., Ste. 200
Kansas City, MO 64105
US
Phone: 816-472-7675
Fax: 816-843-1450
Online: Web Site

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