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JBS USA Holdings, Inc. is a meat processing company and a wholly owned subsidiary of the Brazilian multinational JBS S.A. The subsidiary was created when JBS entered the U.S. market in 2007 with its purchase of Swift & Company .
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.
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Currently JBS USA Holdings, Inc. owns 78.5% of the company. As a result, Pilgrim's Pride closed its corporate offices in Texas and Georgia and moved its headquarters to Greeley, Colorado . [ 21 ] The move caused the former headquarters in Pittsburg, Texas , and a location in nearby Mt. Pleasant, Texas , to cut employment by a total of 160 people.
Beardstown is located on the Illinois River, which plays an important role in the economy and history of the community, and is the site of two grain terminals where farm products are transferred to barges for transport. Hunting, fishing, and outdoor recreation along the river contribute to the local economy.
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Tyson Foods, Inc. is an American multinational corporation based in Springdale, Arkansas that operates in the food industry.The company is the world's second-largest processor and marketer of chicken, beef, and pork after JBS S.A.