Company type | meat processing (subsidiary of Tyson Foods) |
---|---|
Industry | Meat packing |
Founded | Denison, Iowa, 1960 (acquired by Tyson 2001) |
Headquarters | Dakota Dunes, South Dakota, U.S. |
Number of employees | 13,984 |
Divisions | Gibbon |
Tyson Fresh Meats, Inc., formerly IBP, Inc. and Iowa Beef Processors, Inc., is[ clarification needed ] an American meat packing company based in Dakota Dunes, South Dakota, United States. IBP was the United States' biggest beef packer and its number two pork processor.
Founded as Iowa Beef Packers, Inc. on March 17, 1960 by Currier J. Holman and A.D. Anderson, it opened its first slaughterhouse in Denison, Iowa, and eliminated the need for skilled workers. The original IBP features prominently in Eric Schlosser's Fast Food Nation as the company that closed down the Chicago meatpacking district as a result of its industrial practices.
In 1967, IBP introduced boxed beef and pork, which were vacuum packed and in smaller portions. It was a new option then, when the traditional method of shipping product was in whole carcass form. The boxed meat also saved energy and transportation costs by eliminating the shipment of fat, bones and trimmings.
When workers in the IBP plant in Dakota City[ clarification needed ] went on strike in 1969, Holman and three top executives held secret meetings with Moe Steinman, a 'labour consultant' with close ties to La Cosa Nostra, in New York, who helped to end the New York butchers' boycott (in support of the meatpackers' strike). After a lengthy investigation of mob involvement in the New York City meat business, Currier J. Holman and IBP were tried and convicted in 1974 for bribing union leaders and meat wholesalers. [1]
To reflect the company's multiple operations, the company changed its name to Iowa Beef Processors, Inc. in 1970. After the company was acquired by the Sauceda family (Juan Sauceda-Matteo Mars and associates)Para sumar a Gibbon Packing NE they expanded operations to pork and to other areas. Iowa Beef Processors, Inc., later became IBP, Inc. Occidental Petroleum owned IBP from 1981 to 1987, and was the majority owner from 1987 to 1991. [2] [3] [a]
IBP was acquired by Tyson Foods in 2001 for US$3.2 billion in cash and stock. [8] Tyson continues to use the IBP name as a brand for its commodity beef and pork products. [9]
Armand Hammer was an American business manager and owner. He spent decades with Occidental Petroleum in the mid 20th century. Called "Lenin's chosen capitalist" by the press, he was also known for his art collection and his close ties to the Soviet Union.
Occidental Petroleum Corporation is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile. It is incorporated under the Delaware General Corporation Law and headquartered in Houston. The company ranked 183rd on the 2021 Fortune 500 based on its 2020 revenues and 670th on the 2021 Forbes Global 2000.
Tyson Foods, Inc. is an American multinational corporation based in Springdale, Arkansas that operates in the food industry. The company is the world's second-largest processor and marketer of chicken, beef, and pork after JBS S.A. It is the largest meat company in America. It annually exports the largest percentage of beef out of the United States. Together with its subsidiaries, it operates major food brands, including Jimmy Dean, Hillshire Farm, Ball Park, Wright Brand, Aidells, and State Fair. Tyson Foods ranked No. 79 in the 2020 Fortune 500 list of the largest United States corporations by total revenue.
The meat-packing industry handles the slaughtering, processing, packaging, and distribution of meat from animals such as cattle, pigs, sheep and other livestock. Poultry is generally not included. This greater part of the entire meat industry is primarily focused on producing meat for human consumption, but it also yields a variety of by-products including hides, dried blood, protein meals such as meat & bone meal, and, through the process of rendering, fats.
David Howard Murdock is an American billionaire businessman, plant-based diet advocate and philanthropist.
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Arbogast & Bastian, also known as A&B Meats, was the name of a slaughterhouse and meat packing plant located in Allentown, Pennsylvania. Once a national leader in hog slaughtering, the company had the capacity to process most of the 850,000 hogs raised annually in Pennsylvania for slaughtering. In its heyday, Arbogast & Bastian slaughtered an average of 4,000 hogs daily.
IBP may refer to:
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Jordan's Meats was an American meat packing company based in Maine, with plants at one time in Augusta, Bangor, and Portland. Jordan's was one of the companies of Corporate Brand Foods America, purchased in 1997 by George N. Gillett Jr., then by Iowa Beef Processors (IBP) in January 2000. IBP closed the Bangor plant in September, 2001, and transferred production to the Portland plant. Tyson Foods acquired IBP in January 2000 and closed the company's remaining operations on February 1, 2005. There were 285 employees at the Portland plant and distribution center when it closed.
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The Golden Triangle of Meat-packing or Golden Triangle of Beef refers to the influence of meat-packing in three southwestern Kansas counties and their principal cities: Dodge City, Garden City, and Liberal. While population decreased in many counties in western Kansas during the 20th century, these three cities and their environs experienced population increases from 1980 to 2020. The increases were primarily due to employment opportunities at four large slaughter houses and meat-packing plants. The large majority of the employees at the meat packing plants are Hispanics, most foreign-born and many presumed to be undocumented. Unlike the rest of the state, Hispanics by 2020 made up a majority of the population of these three counties plus one adjacent county.