This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Smithfield Foods Recognizes Facility And Employee Achievements In Promoting Environmental Excellence

SMITHFIELD, Va., July 30, 2013 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NYSE:SFD) has honored several of its facilities and employees for their successful sustainability efforts during fiscal year 2013 through a number of innovative environmental projects.

The bottom-line impact of these projects was significant, with Smithfield Foods saving more than 592 million gallons of water, nearly 12 million kilowatts of electricity and about 721,000 gallons of fuel oil. These reductions, along with other sustainability achievements resulting from various projects implemented by Smithfield's family of companies, produced an annual cost savings of more than $8 million.

Smithfield recognized the environmental achievements of the past fiscal year during its annual Environmental Excellence Awards banquet on July 17, 2013.

Smithfield executives presented one President's Award and 12 Environmental Excellence Awards for a variety of project categories that represent a companywide commitment to sustainability: wastewater handling and treatment; environmental training and/or ISO 14001; resource conservation-waste reduction; packaging reduction; best recycling of a previous year's project; community outreach and innovative solution to a compliance issue.

The President's Award was presented to John Morrell, of Peru, Indiana, for its resource conservation/waste reduction project. John Morrell's Peru plant became the first Smithfield Foods facility to achieve zero-waste-to-landfill, reducing solid waste from 999 tons in fiscal year 2008 down to less than 25 tons during fiscal year 2013. The John Morrell facility also won an Environmental Excellence Award in the wastewater handling and treatment category for saving 3.5 million gallons of water and more than 5,000 pounds of chemicals.

A complete list of categories and award recipients can be found below. For fiscal year 2013, 182 companywide projects were submitted for review.

"We're very proud of our employees, who continue to find innovative ways to promote our sustainability efforts by enhancing our environmental management processes. Clearly, their ongoing efforts are producing measurable sustainability results that create value for our businesses and communities," said Dennis H. Treacy, Smithfield's executive vice president and chief sustainability officer.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,880.36 -31.75 -0.19%
S&P 500 1,970.07 +0.12 0.01%
NASDAQ 4,462.9020 +20.2040 0.45%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs