Smithfield Foods, a subsidiary of Chinese-owned WH Group, will have access to Russia.

The firm will install new meat-processing equipment.

The companies have entered a long-term licensing agreement.

The company's profits nearly doubled, but weaknesses remain.

Employees at the company's Plainview, Texas plant were laid off.

The company said the upgrades were needed to comply with federal regulations.

PEDv has tightened supplies of hogs ready for slaughter.

Tyson elects to keep beef-processing plant open thanks to favorable economic conditions.

Local officials also found permit and record-keeping violations.

Rick Thomason will oversee all of the daily business.