Hormel Foods is selling its Fremont, Nebraska pork processing plant to WholeStone Farms LLC, a group of South Dakota and Minnesota pork producers. Under the sale agreement, the plant will continue to provide Hormel with pork. The plant produces sausages, spam and other products. South Dakota Pork Producers Council Executive Director Glenn Muller says the sale is an opportunity or producers to capture more money for their product.
He says having producers own processing plants is a developing trend.
Muller says the workforce at the Fremont facility will remain in place after it completes is sale to WholeStone Farms so the only thing really changing is the ownership.
The sale is expected to be completed in December. WholeStone is a new company that started in 2017 and is comprised of over 220 pork producers from South Dakota and Minnesota who raise about 12 million pigs a year. WholeStone is affiliated with Pipestone systems based out of Minnesota.
(WNAX)