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Smithfield buys ConAgra’s Carthage plant

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ConAgra Foods Inc. announced Monday that it is selling its refrigerated meats unit, including the Butterball plant in Carthage, to Smithfield Foods Inc. for $575 million.

The business includes packaged meats and turkey products sold under the Armour, Butterball, Eckrich, Margherita, Longmont and Lunchmakers brands, totaling combined annual sales of about $1.8 billion.

Smithfield, the largest U.S. hog and pork producer, plans to separate the Butterball turkey business from the nonturkey packaged meats business and acquire and operate the business through Carolina Turkeys, a partner of Smithfield and Maxwell Farms Inc.

The Carthage plant employs approximately 800 workers.

Other plants to be sold include Junction City and Kansas City, Kan.; Huntsville, Ozark and Jonesboro, Ark.; Longmont, Colo.; Peru and St. Charles Ill.; Mason City, Iowa; Quincy, Mich.; St. James, Minn.; Hastings and Omaha, Neb.; and Lufkin, Texas.

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