On October 2, 2000, Premium Standard Farms with headquarters in Kansas City, Missouri and its North Carolina subsidiaries (Lundy Packing Company, Dogwood Farms, Dogwood Farms II, L&S Farms, L&H Farms, and Carolina Farms), agreed with the North Carolina Attorney General to assist in the development of environmentally superior technologies to treat hog waste and to implement that technology on its hog farms within the state. The agreement by the second largest pork producer in the country mirrors the one that Smithfield Foods announced in late July. Together, Smithfield and Premium Standard represent over 75% of the hog farms in North Carolina.

In the agreement, Premium Standard and its North Carolina subsidiaries agree to help develop and implement new technology that will protect the environment and the economy. The legally binding contract commits Premium Standard to undertake immediate measures to help protect the environment . Under the agreement, Premium Standard will pay $2.5 million into a trust that will be used to help develop the technology, improve the environment and defray the costs to the State in implementing the agreement. The agreement again places North Carolina State University in the pivotal role of identifying improved waste disposal technologies. The agreement sets out a research and development effort to begin immediately and to be completed within two years. The conversion process will not exceed three years. The agreement commits the company to provide financial and technical assistance to its contract farms to implement the new technology.
 

PSF Press Release 

NC Attornery General Office Press Releases and Agreements