Item 2. Properties
ITEM 2. PROPERTIES
The table below summarizes information about our owned and leased properties as of February 28, 2025:
Number of Facilities
Segment/Type of Facilities Owned Leased Total State (5)
Capacity
( in thousand )
Unit of
Measurement
Packaged Meats (1)
Production 29 2 31 Georgia (1), Iowa (5), Illinois (2), Indiana (1), Kansas (2), Kentucky (2), Massachusetts (1), Minnesota (1), Missouri (2), North Carolina (3), Nebraska (3), New Jersey (1), Ohio (2), Pennsylvania (1) , South Dakota (1), Tennessee (1), Virginia (1), Wisconsin (1) 13,100 Daily production lbs.
Fresh Pork (1)
Processing 8 — 8 Iowa (2), Illinois (1), Missouri (1), Nebraska (1), North Carolina (2), South Dakota (1) 107.9 Head of hogs daily
Other 5 1 6 Iowa (2), North Carolina (2), Utah (1), Virginia (1) 2,500 Daily production lbs.
Hog Production
Farms (3)
260
1,384
(2)
1,644
Colorado (26), Iowa (410), Illinois (15), Missouri (204), North Carolina (875), Oklahoma (11), South Carolina (28), South Dakota (9), Utah (23), Virginia (43)
11,500 Hogs annually
Feed facilities 26
25
51 Colorado (1), Iowa (3), Indiana (1), Kansas (1), Missouri (9), North Carolina (26), Ohio (2), South Carolina (5), Utah (1), Virginia (2) 708.4/32.9
Capacity in tons of feed storage / daily feed production
Distribution Network
Distribution Centers (4)
2 3 5 Indiana (1), Kansas (1), Maryland (1), Nebraska (1), North Carolina (1) 201.0
Pallet capacity
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Number of Facilities
Segment/Type of Facilities Owned Leased Total State (5)
Capacity
( in thousand )
Unit of
Measurement
Direct-to-Store Delivery Facilities 6 7
13 Indiana (3), Kentucky (1), Maryland (1), Michigan (2), Ohio (3), Pennsylvania (1), Texas (3)
152.1
Square feet
Other
Mexico
Fresh Pork Processing 1 — 1 Puebla, MX 5.0
Head of hogs daily
Farms 115 6
(2)
121 Puebla (79), Veracruz (42), MX 1,800 Hogs annually
Corporate 1 Puebla, MX 13.3
Square feet
Bioscience 1 — 1 Ohio 34.5 Square feet
U.S. Administrative
Headquarters 1 — 1 Virginia 132.3 Square feet
Satellite offices 1 3 4 Illinois (1), Missouri (1), North Carolina (1), Virginia (1) 135.2 Square feet
Sales offices — 5 5 Idaho (1), Ohio (1), Michigan (1) California (1), Arkansas (1) 32.0
Square feet
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(1) Certain of our fresh pork facilities are co-located with packaged meats production facilities. They are counted separately under each segment heading. We operate a total of 39 facilities that process fresh pork and packaged meats in the U.S.
(2) Consists of contract farms.
(3) Does not include a limited number of inactive farms.
(4) Distribution centers serve both our Packaged Meats and Fresh Pork segments. We also have access to over 45 cold storage locations via contractual arrangements with third parties. Our contracts are either pay-for-use or commit us to a specific annual amount irrespective of usage.
(5) Numbers in parentheses represent total number of facilities for each jurisdiction.
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The map below shows the expansive footprint of our facilities and properties:
ITEM 3. LEGAL PROCEEDINGS
The information called for by this item is incorporated herein by reference to “Note 18: Commitments and Contingencies” to the consolidated financial statements included in Part II, Item 8 of this Annual Report.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
PART II