• Categories
  • Archives

JBS, Brazil-Based World’s Largest Beef Processor, Raises Capacity by 25%

JBS JBS, a Brazilian company which is the world's biggest beef processor said this Monday, July 6, it had raised its slaughtering and deboning capacity in Brazil by around 25% through the leasing of five more plants.

The facilities, all located in the midwestern state of Mato Grosso will increase the company's slaughter capacity by 5,150 head per day to more than 26,000 per day, JBS said in a statement.

"The integration of these plants, which are cleared to export to the world's main markets, strengthens the company's position in Brazil," said JBS.

Brazil is the world's largest beef exporter and also has the biggest cattle herd, numbering some 200 million.

A wave of consolidation, sponsored by the Brazilian government, is expected to take place in Brazil's beef sector, which leveraged strongly in recent years and was hit hard by the global financial crisis. Several beef companies have filed for bankruptcy protection in recent months.

JBS has embarked on an international buying spree in recent years, which won it control of rivals in Argentina, Australia and the United States, including US food processors Swift and Smithfield.

"We agreed to this business as further proof of our commitment to this industry in Brazil where we will generate more than 3,000 new jobs, and strengthen the production chain as well as expanding our market share in the beef industry," said Joesley Batista, JBS CEO.

JBS S.A. is currently the world's largest beef producer and exporter with a daily capacity of 73.9 thousand heads of cattle and the largest global exporter of processed beef.

The company's operations include 25 plants located in 9 Brazilian states; 6 plants located in 4 Argentine provinces; 16 plants in the US; 10 in Australia and 10 in Italy.

Additionally, JBS S.A. is the third largest pork producer in the US, with a harvesting capacity of 48.500 heads per day.

Mercopress

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil’s Petrobras Gets a BB- from Fitch

Fitch Ratings has affirmed the international foreign currency and Brazilian national scale ratings of ...

Brazilian born Francileudo plays for Tunisia national team

A Brazilian City Will be Rooting for Tunisia at World Cup

In a remote corner of the Brazilian Northeast, 51,000 people are not only going ...

British Say Sorry for Brazilian Killed by Police on Subway

An official report says Britain's senior counter-terrorism police officer deliberately misled his own commissioner ...

Brazil: Threats Don’t Deter Indians

Despite all the efforts to prevent the holding of the 33rd General Assembly of ...

Brazilian Exports to Arabs Grow 25% in Year

Brazilian exports to the 22 countries in the League of Arab States grew 8% ...

For Brazil WTO Negotiations Will Go Nowhere Without Political Spur

The Brazilian Minister of Foreign Relations, Celso Amorim, said, Wednesday, January 4, that a ...

Chacrinha and Sílvio Santos: Two Key Names to Understand Brazilians’ Psyche

A huge percentage of the Brazilian population spends Sundays in front of the TV ...

Brazil’s Lula and France’s Chirac Get Cozy in NY

Brazilian President Luiz Inácio Lula da Silva took advantage of the United Nations General Assembly ...

Brazilian Missionaries Try to Understand Indian Religiosity

How can missionaries and religious people work with the indigenous people, whilst respecting their ...

In the Americas No Leader Is More Popular than Brazil’s Lula

Brazilian President Luiz Inácio Lula da Silva with 70% approval is the most popular ...