I.B.P. Inc. - IBP- Profile

I.B.P. Incorporated. The principal activities of the Group are meat processing, primarily involved in cattle and hog slaughter, beef and pork fabrication, and related allied product processing activities and the production of precooked meats for the retail and foodservice industries. The segments of the Company are BEEF CARCASS- In this segment Company reduces live fed cattle to dressed carcasses and other allied products. BEEF PROCESSING-Produces fresh beef and processed beef. PORK SEGMENT- Reduces live hogs to fresh and processed pork products that are sold in the form of boxed pork. FOODBRANDS AMERICA-Produces frozen and refrigerated food products for the foodservice industry. OTHERS- Includes Company's trucking and warehousing operations, Canadian beef operations, hide curing and tanning operations. Beef processing accounted for 48% of 2000 reveues; foodbrands America, 19%; pork, 14%; beef carcass, 7% and other, 12%.