USA: JBS to close two facilities
JBS, the global meat company, has announced the planned closure of two of its facilities in Pennsylvania and Tennessee. The closures will affect a beef production facility located in Souderton (PA), which is a suburb of Philadelphia, alongside a value-added facility based in Memphis (TN). According to the company, these operational changes are part of […]
Brazil: JBS to invest $150 million in Oman multi-protein hub
JBS, the Brazilian meat processing giant, has announced a $150 million investment to establish a major multi-protein production platform in Oman. Through a joint venture with Oman Food Capital (OFC), the agri-food investment arm of the Oman Investment Authority, JBS has acquired an 80% stake in a new holding company that consolidates two significant production […]
Saudi Arabia: JBS expands halal production with $85 million investment
JBS, the Brazilian meat processing giant, has announced a capital injection of $85 million to expand its manufacturing capabilities in Saudi Arabia, positioning the country as a strategic hub for its halal operations. The investment encompasses the expansion of the company’s processed food facility in Jeddah and upgrades to its existing plant in Dammam. According […]
Brazil: JBS to divest from Jack Link’s joint venture
JBS, the world’s largest meat processing company, is set to exit its long-standing meat snacks partnership with US-based manufacturer Jack Link’s. The Brazilian giant has filed a formal petition with the Administrative Council for Economic Defense (CADE), Brazil’s competition authority, to approve the sale of its 50% stake in Meat Snack Partners. Under the terms […]
USA: JBS to acquire, expand production facility in Ankeny
JBS, the global meat producer, has announced plans to invest $100 million to acquire a facility in Ankeny (IA) to establish its largest US ready-to-eat bacon and sausage plant. The facility, spanning 186,000 sq ft, will be transformed to produce fully cooked bacon and sausage products, having previously produced other food items for Hy-Vee stores. Commenting on […]
USA: JBS to invest $135 million in new sausage plant
JBS, the global meat company, has announced plans to invest $135 million in the construction of a state-of-the-art sausage production facility in Perry (IA). The new facility is expected to produce 130 million pounds of sausage annually. It will initially operate with one shift and 250 staff, with plans to expand to two shifts and […]
Brazil: JBS to invest in four Seara units in Santa Catarina
JBS, the global meat company, has announced plans to invest R$216 million ($37.6 million) in four units in the Brazilian state of Santa Catarina for its Seara business. Founded in 1956, Seara specialises in the manufacturing and sale of chicken, pork, processed foods and plant-based meat substitutes. This investment is intended for the upgrade and […]
Brazil: JBS acquires 50% stake in egg specialist Mantiqueira
Global meat firm JBS has announced the acquisition of a 50% stake in egg specialist Mantiqueira, entering a new product category in the process. Mantiqueira currently has facilities in six Brazilian states but its products are available in ten more and also exported. Its brands include Happy Eggs and Fazenda da Toca. Commenting on the deal, JBS […]
Nigeria: JBS announces $2.5 billion investment
JBS, the global meat company, has announced plans to invest $2.5 billion in Nigeria over the next five years to built one pork, two beef and three poultry meatpacking facilities. The company said the project would focus on promoting sustainable agricultural practices , similar to similar initiatives in other regions Commenting on the move, JBS Global […]
Brazil: JBS starts construction on cultivated protein research centre
JBS, the Brazilian meat firm, has started construction of what it claims is the first research & development centre in Brazil for cultivated protein. Located in Florianopolis, in the state of Santa Catarina, the new facility is planned to be built in three phases via an estimated investment of $62 million, with the aim of […]