(Radio Iowa) – Smithfield Foods announced it is closing its Altoona ham boning facility to consolidate production volume at other locations in Illinois, South Dakota and Nebraska to improve the company’s efficiency. The Altoona plant has 314 employees and the company says it will meet with them to provide additional details about the transition plan, severance pay, and potential employment opportunities with Smithfield. Smithfield employs nearly four-thousand people in Iowa at its farms and its food-processing facilities in Carroll, Denison, Des Moines, Mason City, Orange City, Sioux Center and Sioux City.