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The subsidiary was created when JBS entered the U.S. market in 2007 with its purchase of Swift & Company. JBS USA is based in Greeley, Colorado . [ 1 ] Its competitors include Hormel Foods , Cargill , Smithfield Foods , National Beef , and Tyson Foods .
In 2007, JBS went through with a US$225m acquisition of U.S. firm Swift & Company, [12] which was the third largest U.S. beef and pork processor, renamed as JBS USA. It leads the world in slaughter capacity, at 51.4 thousand head per day, and continues to focus on production operations, processing, and export plants, nationally and internationally.
The company became a driving force in the Chicago meat packing industry, and was incorporated in 1885 as Swift & Co. with $300,000 in capital stock and Gustavus Swift as president. It is from this position that Swift led the way in revolutionizing how meat was processed, delivered, and sold.
JBS Foods International (JBSFI) engages in the food business internationally, and is the largest meatpacking company in the world. [3] It is a "controlled company" in SEC parlance. JBSFI operates through four segments: Beef, Pork, Poultry, and Other. It offers fresh and processed beef, lamb, sheep, pork, and chicken.
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The 2006 Swift raids were a coordinated effort by U.S. Immigration and Customs Enforcement (ICE) to detain and deport people who are present illegally. On Tuesday, December 12, 2006, ICE raided six Swift & Company meatpacking plants in the midwestern and southwestern United States.