The addition of a second shift will allow processing of up to approximately 6 million hogs annually. The plant will employ approximately 2,000 people, including about 200 salaried positions and 1,800 hourly production positions. The plant is currently in the final stages of construction in the Bridgeport West Industrial Park in Sioux City, located north of the Sioux Gateway Airport along the Missouri River.
While the initial start-up is anticipated in August 2017, construction for the expansion is expected to begin this spring with completion in the summer of 2018.
A full line of fresh pork products for international, retail, food service, and further processing markets will be produced. Seaboard Foods will market and sell the pork produced by the plant. Currently, Seaboard Foods markets and sells fresh pork processed by Triumph Foods' St. Joseph, Mo., and Seaboard Foods, Guymon, Okla., plants to domestic markets under the PrairieFresh® Premium Pork brand and international markets under the Seaboard Farms® and St. Joe Pork® brands.
"The timing of the expansion for a second shift is a result of growing demand for the Seaboard Foods line of quality pork products as well as ongoing growth in the industry. The support demonstrated thus far by our customers, community, city and state agencies simply gives us great confidence to grow right here in northwest Iowa," says Mark Porter, Seaboard Triumph Foods chief operating officer.
Sioux City Mayor Bob Scott says, "Today's announcement to add a second shift shows the confidence that Seaboard Triumph Foods has in our community. As one of the largest projects in Sioux City, this expansion will create the demand for further housing growth to accommodate new employees in the region."
In May 2015, Seaboard Foods and Triumph Foods announced the formation of Seaboard Triumph Foods (STF), a joint venture with equal ownership, to construct a new pork processing facility in Sioux City, Iowa. Site work began in September 2015, and construction is expected to be completed by July 2017.
Triumph Foods is owned exclusively by pork producers and Seaboard Foods is a wholly-owned subsidiary of Seaboard Corporation (NYSE MKT: "SEB"). Triumph Foods and Seaboard Foods are integrated food companies, with farm operations and pork processing, controlling the entire process every step of the way from before the farm to the plate. Together, Seaboard Foods and Triumph Foods have aligned their farm operations and pork processing, including genetics, pig nutrition, animal care, food safety and product quality, to ensure consistent, wholesome premium pork products to its customers. If the two companies were considered as a single combined entity, they would comprise the second largest hog producer, a top 5 U.S. pork processor, and a leading exporter of U.S. pork.
In addition to the new plant, Seaboard Foods and Triumph Foods own Daily's® Premium Meats that has bacon processing plants in Salt Lake City; Missoula, Mont.; and St. Joseph, Mo. Daily's markets and sells a variety of processed pork items including signature honey cured bacon and applewood smoked bacon, naturally smoked hams and breakfast sausages.
Seaboard Triumph Foods shares a strong commitment with both parent companies Seaboard Foods and Triumph Foods to stewardship and community involvement. Focused on being good neighbors, the pork processing facility will include a modern architecture design, customized landscaping for beautification and buffering from neighbors, and modern odor abatement technologies, as well as other environmentally friendly design features. Seaboard Triumph Foods' ownership has also committed support to local civic and charitable organizations and community events.