Smithfield Fined $900,000

January 22, 2010

A few years back, pork giant Smithfield Foods bought up Premium Standard Farms. Today, Smithfield agreed to pay $900,000 for violating the law, in terms of exercising control over Premium Standard Farms’s operations during the pre-merger waiting period.

This is the first time in, oh, about 45 minutes that I’ve heard of a meat company breaking the law. But considering that Smithfield shelled out more than $800 million for the company, I bet it was well worth the $900,000 fine to prematurely begin calling the shots. (Via Meatingplace.) Link.

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