JBS to Acquire Meat Processing Plant in MidwestJBS to Acquire Meat Processing Plant in Midwest
December 5, 2019
Beef and pork processor JBS USA said Tuesday that it recently entered into an agreement with protein manufacturing, freight logistics, and distribution firm J&B Group to purchase its value-added meat processing plant in Pipestone, MN.
If the deal proceeds, JBS will acquire the facility in the coming months. J&B Group had slated the site for closure. Under the terms of the deal, 130 workers currently employed at the Pipestone site will join JBS.
“We have worked with the J&B team under the common goals of preserving jobs and creating a sustainable future for the facility. We believe the facility’s infrastructure and accomplished workforce present a great opportunity to expand our ability to provide high-quality products to both domestic and export markets,” Bob Krebs, COO of UBS USA Pork, said in a company press release. “We plan on investing in the facility and growing the business, allowing our new team members and the local community to grow with us.”
J&B announced plans to sell the Pipestone plant on Sept. 18, 2019 and move production to another facility in St. Michael, MN.
This October, JBS said it will invest $20 million to add six new production lines and a new smokehouse at its Ottumwa, IA bacon plant. The company also announced plans in June for a $95 million project to expand its Grand Island, NE beef plant.
For more news headlines, articles, and equipment reviews, visit our Equipment Zones
More JBS articles:
JBS Recalls Beef Due to Plastic Contamination Concerns
You May Also Like