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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.
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.
On July 12, 2007, JBS purchased Swift & Company in a US$1.5-billion, all-cash deal. The acquisition made the newly consolidated JBS Swift Group the largest beef processor in the world. Prior to the deal, JBS had a market capitalization of US$4.2 billion and sales revenue of $2.1 billion, and operated in 23 plants in Brazil and five in Argentina.
CHICAGO (Reuters) -Meat processor JBS said on Wednesday that Beijing blocked U.S. beef shipments from the company's plant in Greeley, Colorado, because traces of the feed additive ractopamine were ...
China's General Administration of Customs (GACC) has suspended imports from three Brazilian beef exporters - JBS SA, Marfrig and Naturafrig - for one week, the newspaper Valor Economico reported ...
None of JBS' beef plants are in Iowa. Kyle Ocker is the editor of the Ottumwa Courier and the Oskaloosa Herald. He can be reached at kocker@ottumwacourier.com. Follow him on Twitter @Kyle_Ocker.
JBS USA is a wholly owned subsidiary of JBS S.A., a Brazilian company that is the world's largest processor of pork and beef. At least 277 JBS USA workers at a plant in Greeley, Colorado, were infected with coronavirus in April 2020, leading to the closure of this large meat processing operation with over 3,000 employees. [66]
CHICAGO/ABOARD AIR FORCE ONE (Reuters) -The White House said on Tuesday that Brazil's JBS SA has informed the U.S. government that a ransomware attack against the company that has disrupted meat ...