Premium Standard Farms has changed its name to Murphy-Brown of Missouri LLC. The company is an independent operating company of Smithfield Foods. The pork producer employs around 1100 people in Missouri. PSF was founded in Princeton in 1988. The company was acquired by Smithfield Foods in 2007.
Press Release from Murphy-Brown of Missouri LLC
PRINCETON, Missouri (May 13, 2013)—Premium Standard Farms, LLC, a unit of Smithfield Foods, Inc. (NYSE:SFD) hog production subsidiary, Murphy-Brown, LLC, announced recently it has changed its name to Murphy-Brown of Missouri, LLC, effective immediately.
Adopting the Murphy-Brown label will better communicate the nature of Premium Standard’s business and the role the company plays in the larger Smithfield Foods organization. The change will present a more unified message for how the company is supporting Smithfield Foods’ brands, creating value for investors, employees and other stakeholders. The company has been working diligently to make changes that support the transition from Premium Standard Farms to Murphy-Brown of Missouri.
Michael Rainwater, General Manager of Murphy-Brown of Missouri, stated, “This is exciting news for our company and cause for celebration. We are solidifying our position as a provider in Smithfield Foods’ integrated supply chain, thereby providing increased career opportunities while continuing to be an economic engine in north Missouri. We are providing excellent jobs and strong futures for those of us who love to live and work in this rural setting.”