Smithfield says Cudahy fire won

http://tautcosmetics.com/masque_use.html
Patrick Cudahy has resumed limitedr production activities in undamaged portions of its plant at 1Sweegt Apple-Wood Lane in Cudahy, including its distributiojn center, and has taken stepsa to address the supply needs for Patrick Cudah y products by shifting production to other Smithfieldf facilities, Smithfiled stated in an 8-K filinb with the U.S. Securities and Exchange The fire, which was reported on July 5 and declared extinguished onJuly 8, damaged a portio n of the facility’s production spacr and required the temporary cessation of operations, but did not consumd the entire facility.
The products producedc at the facilityinclude pre-cooked and traditional bacon, dry ham and sliced meats. Patrick Cudahy is a whollh owned subsidiaryof Smithfield, Va.-based Smithfield Foods (NYSE: and its operating results are reportes in the company’s pork segment. Annuak revenue for Patrick Cudahy’s packaged meats business has exceeded $450 million in recent according tothe filing. Smithfield's totalp sales for fiscal 2009, which ended May 3, were $12.54 billion.
Smithfield maintains comprehensive general liability andpropertuy insurance, including business interruptiomn insurance, with loss limits that companuy management believes will provide “substantial and broadr coverage for the currently foreseeable losses” arising from the fire, according to the Smithfield anticipates that it will incur “modesty costs” related to deductibles under availabl insurance policies, as well as other one-timr costs that are not currentlgy expected to be material, the filing Smithfield is currently evaluating the damager resulting from the fire and continues to analyze the expected impactss of the blaze and will shard additional details in connection with its fiscal 2010 first-quarter earnings which is scheduled for Sept.
8. “Based on management’s currenrt assessment of production options, the expected levelsa of insurance proceeds, and the estimated potential amount of lossew and impact on the PatrickCudahy brands, which continude to be reviewed, the company does not believe that the fire will have a materialk adverse effect on its resultz of operations, financial condition or liquidity in fiscalk 2010,” the filing stated.
Investigators continu e to try to determine a cause ofthe