• 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Your email address will not be published.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

Back home

I’m visiting Brazil after a long time away. As a tourist with saudade in ...

Panicky Markets: US, Clean Your Own Mess, Warns Brazilian President

At at time when stock exchanges and financial systems all over the world react ...

Brazil Wants to Ban Racism from Sports Fields

The Brazilian government will urge sports officials in Brazil and around the world to ...

Brazilian Indians Get Vitamin A to Boost Immunity

Brazil’s National Health Foundation (Funasa) began, April 4, the distribution of capsules containing megadoses ...

Brazil Day, a New York Event to Lure US Capital

New York will host this year’s third edition of Brazil Day. The event is ...

Oil high prices made Argentina oil attractive

Argentina Would Like for Brazil to Explore Its Oil

Brazilian President Luiz Inácio Lula da Silva received the governor of the Argentine province ...

Brazil Uses Foreign Reserves to Pay IMF US$ 5 Billion in Advance

Brazil’s Central Bank (BC) has announced that it will anticipate a payment of part ...

US Drawing Money Back from Brazilian Market

Latin American markets fell, as Brazil and Mexico added to declines posted yesterday, while ...

EG = mc2

California and Israel have been used as inspiration for several irrigation plans in the ...

LETTERS

By A special congressional committee looking into tax reform released a draft report, which ...