This Day On The Street
Continue to site
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

Smithfield Foods Recognizes Its Operating Companies For Again Recording Lowest Injury Rate In Company's History

SMITHFIELD, Va., July 30, 2013 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc.'s (NYSE:SFD) companywide injury and illness rates for fiscal year 2012 continued at their lowest levels in the company's history, and again remained well below the national average for the meatpacking industry.

In 2012 Smithfield's injury and illness rate was 3.42 injuries per 100 employees, down from 3.93 in 2011.

Although the U.S. Department of Labor's Bureau of Labor Statistics has not yet released industry-wide data on workplace injuries and illnesses for 2012, Smithfield Foods is confident that its rates will again be well below the national average for meat and agriculture industries and close to the national averages for all general industry. Smithfield's 2011 rate was 41.3% below the national average for beef and pork processors.

"We have come a long way in protecting our employees from injury and illness while at work, with a goal of preventing all workplace injuries," said John Tignor, Smithfield's corporate director of health, safety and security.

"While there is still a lot of room for improvement, the good news is that we continued to make progress in employee safety," said C. Larry Pope, president and chief executive officer.

Last week Smithfield handed out Health and Safety Excellence Awards to its independent operating companies at the company's annual Safety and Environmental Awards Conference. The awards are intended to honor the highest level of health and safety performance by subsidiaries and individual facilities, with emphasis on preventing injury and illness through proper systems management.

Smithfield has also been recognized externally for its worker safety efforts. In 2012 Smithfield was selected by McDonald's Corporation as one of the restaurant chain's Global Best of Sustainable Supply Chain winners for their ongoing efforts to protect the health and safety of their employees.

Coveted Award

Each year, Smithfield's subsidiaries are evaluated for the coveted Smithfield President's Award for Health and Safety Excellence. Nominations are based on stringent criteria regarding implementation of the company's Employee Injury Prevention Management System (EIPMS) and overall results in preventing injury and illness.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.23 -1.70%
FB $116.05 -0.58%
GOOG $690.29 -0.11%
TSLA $241.70 -2.40%
YHOO $36.31 -0.77%


Chart of I:DJI
DOW 17,685.37 -145.39 -0.82%
S&P 500 2,057.08 -18.73 -0.90%
NASDAQ 4,754.5650 -50.7260 -1.06%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs