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JBS USA to Invest $135 Million in New Sausage Plant in Perry, Iowa
JBS USA has announced plans to invest $135 million in building a new sausage plant in Perry, Iowa. The plant is expected to start operations in late 2026 and will produce 130 million pounds of sausage annually, creating 500 jobs in the process.
Company Expansion and Investments
As part of its expansion strategy, JBS is increasing its presence in the U.S. market. The company has also committed to spending $200 million to expand beef production in Texas and Colorado. JBS aims to list its shares on the New York Stock Exchange, further solidifying its position as a key player in the food production industry.
Environmental and Social Impact
Despite facing criticism from environmentalists and lawmakers for past violations, JBS is working to address these concerns through its recent investments. The company views its expansion as a way to support rural communities and drive economic development.
Opportunities for Pork Producers
With the closure of a Tyson Foods plant in Perry, Iowa, JBS’ investment presents new opportunities for pork producers in the region. The new facility is expected to process 500,000 sows annually, providing a boost to the local pork industry.
Market Performance
JBS has reported a significant increase in pork sales, driven by consumer demand for more affordable protein options. The company’s profits surged by 50% year over year, with a 5% revenue increase in its pork segment during the first quarter.