Brazil Meatpacker JBS to Spend $100 Million to Build 2 Factories in Vietnam
The plants will produce beef, pork and poultry, and will mainly use raw materials imported from Brazil. The goal is to supply Vietnam and other countries in the region. …
JBS
JBS to Pay $83.5 Million in Latest Beef Price-Fixing Settlement
JBS has agreed to pay $83.5 million to settle antitrust claims that it conspired with other meat-packing companies to curb supply in the U.S. beef market to artificially inflate prices. …
Brazil’s JBS Buys Stake in Mantiqueira to Enter Egg Sector
This agreement will allow JBS to enter the egg sector and reinforce its global platform diversified by geography and protein. …
McDonald’s Sues Top Meat Packers for Allegedly Colluding to Inflate the Price of Beef
The fast food giant is suing the U.S. meat industry’s “Big Four” — Tyson, JBS, Cargill and National Beef Packing Company — and their subsidiaries, alleging a price fixing scheme for beef specifically. …
JBS Will Have the Largest Beef Unit in Latin America in Mato Grosso do Sul
The Campo Grande II unit was one of those authorized in March. Built in 2007 and acquired by JBS in 2010, it currently has 2,300 employees and produces 440 tons of meat and 136 tons of hamburgers (or 2.4 million units) every day. In addition to China, the factory can export to the United States, Algeria, Egypt, United Arab Emirates, Argentina, the European Union and Chile, among others. …