Seaboard Foods is one big pork project, but taxpayers should take heart -- the government has nothing to do with it. A subsidiary of Seaboard Corporation, the company produces and supplies fresh and frozen pork products to food processors, foodservice operators, and distributors across the US. It raises about 4 million hogs at facilities in Colorado, Kansas, Oklahoma, and Texas; Seaboard Foods has processing plants Montana, Oklahoma, and Utah. It sells bulk products mostly to processors to make such items as bacon, lunchmeats, and sausage; Seaboard Foods also sells processed pork under such brands as Daily's and Prairie Fresh. In addition, the company supplies private-label products for other customers.
While domestic markets form the core of Seaboard Foods' business, the company also sells products overseas in Japan, Mexico, and other countries under the Seaboard Farms brand. Pork products account for about 30% of Seaboard Corporation's revenue.
Looking to take advantage of growing interest in alternative energy sources, Seaboard Foods formed a joint venture with Oklahoma City-based Musket Corporation to produce biodiesel fuel from pork fat. High Plains Bioenergy began producing 60,000 gallons of fuel a day in 2008. – less