Smithfield Foods, Inc. has announced that it will be extending its lease on office space in Kansas City, Missouri, as well as making improvements to its facility in Platte County. The extended lease represents an investment of well over $10 million in rent and capital investments by the company.
Smithfield formerly operated in Kansas City through Farmland Foods, which has had a presence in the city since 1959. Smithfield's organizational realignment earlier this year unified all of its independent-operating companies, brands and marketing, including Farmland, under one corporate umbrella with continued emphasis on growing its branded packaged meats business.
Smithfield's Chief Executive Officer C. Larry Pope commented, "Smithfield has been a part of the Kansas City community for many years, and it is important for us to maintain that commitment. Our employees are our most valuable asset, and our Kansas City office provides them with the opportunity to thrive and develop their careers."
"Smithfield has been a major Kansas City employer for many years, and we are thrilled to see the company deepen its roots in our city," Mayor Sly James said. "We are grateful that they see the value of remaining in Kansas City, Missouri, and will continue to benefit from our central location, skilled workforce and innovative economic community."