SEHK:288Food
The Bull Case For WH Group (SEHK:288) Could Change Following Plant Closure And Nathan’s Deal - Learn Why
WH Group’s US subsidiary Smithfield Foods has already confirmed the closure of its Springfield, Massachusetts dry-sausage plant, affecting 190 employees, with production shifting to other facilities.
Coming soon after the agreement to acquire the Nathan’s Famous hot-dog brand, this move highlights WH Group’s simultaneous footprint rationalization and branded product expansion.
We’ll now examine how the Springfield plant closure, alongside the Nathan’s Famous acquisition, could reshape WH...