Seaboard subsidiary is part of $264 million pork processing project

A joint venture involving Seaboard Foods and Triumph Foods on Thursday announced plans to build a $264 million pork processing facility in Sioux City, Iowa.

The plant is expected to process 3 million hogs annually and employ 1,100 workers, including 900 hourly production positions. Construction is scheduled to begin this summer, with completion set for July 2017.

Seaboard Foods is a subsidiary of Merriam-based Seaboard Corp. Triumph, based in St. Joseph, is owned by several pork producers. The joint venture reportedly will seek tax incentives for the plant, which will take up about 250 acres.

The companies said they chose the northern Iowa city partly because “of the existence of a shovel-ready industrial site location, transportation infrastructure and availability of market hogs in the region.”

The two companies also owns Daily’s Premium Meats, which has bacon processing plants in Salt Lake City, Utah, and Missoula, Mont., and a third plant under construction in St. Joseph.

This story was originally published May 14, 2015 at 2:30 PM with the headline "Seaboard subsidiary is part of $264 million pork processing project."