Chicago | Reuters — JBS USA, one of the biggest U.S. meatpackers, is creating an internal company to clean some of its processing plants after a private sanitation firm it […] Read more
Tag Archives jbs
JBS opens cleaning unit after outside firm fined for hiring kids
Company says has cut ties to cleaning contractor
JBS to pay US$25 million in latest beef price-fixing settlement
Settlement calls for co-operation in cases against other defendants
Reuters — JBS SA has agreed to pay US$25 million to commercial beef purchasers that accused the meat-packing company of conspiring with industry rivals to restrict market supply in order […] Read more
China agrees to resume imports of Brazilian beef
Beijing authorizes four new Brazilian plants
Beijing/Sao Paulo | Reuters –– Efforts by the Brazilian government to lift a month-long ban on beef exports to China paid off on Thursday, as Beijing agreed to resume imports […] Read more
Beef consumption to rise in China, JBS predicts
China seen as more competitive in domestic chicken, pork markets
Sao Paulo | Reuters — Demand for beef in China is expected to rise as the country still has relatively low per capita consumption, Gilberto Tomazoni, chief executive of JBS […] Read more
Meatpacker JBS’s plunging profit beats forecasts
Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest meat producer, on Thursday said quarterly profit plunged 47.1 per cent, but results still beat analysts’ estimates as higher […] Read more
Meatpacker JBS to close U.S. plant-based foods business
Chicago | Reuters — Brazilian meatpacker JBS is closing its U.S. plant-based foods business, Planterra Foods, after about two years, the company said on Monday. The closure signals increasing troubles […] Read more
Smithfield Foods to pay US$75 million in pork price-fixing settlement
Follows similar settlement by JBS
Reuters — Smithfield Foods has agreed to pay US$75 million to settle a lawsuit by consumers who accused the meat producer and several competitors of conspiring to inflate prices in […] Read more
Asian demand for beef to remain strong: JBS CEO
While per-capita consumption is still low, world’s largest meatpacker sees opportunity in region
Reuters – JBS SA, the world’s largest meatpacker, is bullish on the outlook for beef sales to Asian countries, mainly China, as per-capita beef consumption in the region remains low. […] Read more
JBS quarterly profit falls almost 10 per cent but tops estimates
Cattle prices 'above the expected level'
Sao Paulo | Reuters — JBS, the world’s largest meatpacker, posted an almost 10 per cent drop in net profits, to US$766 million, driven by the relative weakness of its […] Read more
JBS to automate beef warehousing at Brooks
Packer to replace current fully manual system
International meat packer JBS has enlisted a major robotics and automation company to overhaul the warehousing system at one of Canada’s biggest beef plants. JBS Foods Canada on Friday announced […] Read more