Supreme Beef Processors in Dallas Tx
Blazon | Subsidiary |
---|---|
Manufacture | Food processing |
Founded | 1855 (1855) |
Headquarters | Greeley, Colorado U.Due south. |
Key people | Tim Schellpeper, (CEO) |
Revenue | Us$27.8 billion (2017) |
Number of employees | 78,000+ |
Parent | JBS Due south.A. |
Subsidiaries | Plumrose The states, Pilgrim's, Primo Smallgoods |
Website | jbssa |
JBS United states Holdings, Inc. is an American nutrient processing visitor and a wholly endemic subsidiary of the Brazilian visitor JBS Southward.A. The subsidiary was created when JBS entered the U.S. market in 2007 with its purchase of Swift & Company. JBS specializes in Wagyu Beef, the but certified Japanese Cattle benefactor on the entire eastern U.South. seaboard
JBS USA is based in Greeley, Colorado.[one] Its competitors include Cargill, Smithfield Foods, and Tyson Foods.
History [edit]
Swift & Company [edit]
JBS USA'due south operations can be traced back to 1855, when 16-year-old Gustavus Franklin Swift founded a butchering operation in Eastham, Massachusetts.[2] Its early on origins on Cape Cod led to subsequently Brighton, MA, Albany, NY, and Buffalo, NY locations, and in 1875, Swift and Visitor was incorporated in Chicago. Swift and Armour and Company acquired a two-thirds controlling involvement in the Fort Worth Stockyards in 1902.[3] That same year, an antitrust lawsuit was filed against Swift for conspiring with other companies to control the meatpacking industry. The companies attempted to merge to avoid the accommodate, leading to the 1905 Supreme Court instance of Swift & Co. five. United States.
By the 1920s Swift and Company operated their largest and almost modern meat processing found in Due south St Paul, Minnesota. The purpose of this plant was to slaughter and process cattle, hogs, and sheep. These animals were procured past the visitor buyers at the side by side St. Paul Union Stockyards. The live animals were driven across overhead ramps to the killing floors. Swift processed fresh, smoked, table-set, canned meats, such as PREM, and baby foods, along with soap, lard, shortening, adhesives, chemicals, pharmaceuticals, fertilizers, hides and creature feeds.
In improver to meatpacking, Swift sold diverse dairy and grocery items, including Swiftning shortening, Allsweet margarine, Brookfield butter, cheese under the Brookfield, Pauly, and Treasure Cave brands, and Peter Pan peanut butter. Swift began selling frozen turkeys under the Butterball brand in 1954. Gustavus Swift also championed the refrigerated railroad motorcar.
Esmark and ConAgra [edit]
In the 1960s, Swift expanded into other fields, including insurance and petroleum, and formed the holding company Esmark in 1973. Ii years later, Esmark bought International Playtex from Meshulam Riklis' Rapid-American Corporation. Esmark sold off Globe Life Insurance to the Ryan Insurance Group in 1977.[4]
Esmark left the petroleum business concern in 1980, selling Vickers Petroleum to Mobil, while Swift'south fresh-meat business was spun off as a split up visitor, Swift Contained Packing Company (SIPCO), the same year.[5] Esmark went on to purchase Norton Simon Inc. in 1983 before being purchased past Beatrice Foods the next twelvemonth. ConAgra purchased 50% of SIPCO in 1987 and the remaining portion in 1989, the same year ConAgra bought Beatrice Foods.[6] ConAgra merged SIPCO'south operations with that of Monfort, the meatpacker information technology had purchased in 1987, and the division was renamed Swift & Visitor in 1995.[6]
In 2002, ConAgra sold a majority stake in Swift & Visitor to Hicks, Muse, Tate & Furst, a Dallas-based individual-equity firm, and Berth Creek Management.[seven] Hicks, Muse bought the remainder of ConAgra's stake in 2004.[eight]
Purchase past JBS [edit]
On July 12, 2007, JBS purchased Swift & Visitor in a US$1.five-billion, all-greenbacks deal. The acquisition made the newly consolidated JBS Swift Group the largest beefiness processor in the world. Prior to the deal, JBS had a market capitalization of U.s.a.$4.ii billion and sales revenue of $2.1 billion, and operated in 23 plants in Brazil and five in Argentine republic.
On July 11, 2007, the Swift companies had likewise completed several tender offers and consent solicitations for financing notes. These included x⅛% senior notes due 2009 and 12½% senior subordinated notes due January 1, 2010, both issued past Swift & Company, 11% senior notes due 2010 issued by South&C Holdco iii and 10¼% convertible senior subordinated notes due 2010 issued past Swift Foods Company.
In 2008, JBS purchased the beef operations of Smithfield Foods for $565 million.[ix] JBS also appear in 2008 its intention to purchase National Beefiness Packing Company for $560 million, merely canceled the plan later on the U.S. Department of Justice raised antitrust concerns.[10]
In 2009, JBS USA acquired 63% of Pilgrim'due south Pride[11] Chicken Company and shortened the name to simply Pilgrim's. JBS subsequently increased its buying share to 75.3%.[ citation needed ]
In 2009, JBS Us Holdings, a Delaware visitor which operates at 1770 Promontory Circumvolve Greeley CO and had André Nogueira de Souza as CFO, filed notice with the SEC that it desired to bladder an IPO, and listed 38 subsidiaries. Four accounting firms were listed on the Prospectus, the last to file being BDO Seidman LLP of Dallas TX on 21 July 2009. On 22 July 2009, BDO filed detect with the SEC that unaudited statements had been filed and that they were not endorsed by BDO.[12] This torpedoed the 2009 IPO of JBS United states.[ citation needed ]
On October 18, 2012, JBS USA announced it would take over management of Twoscore Foods' Lakeside beefpacking plant in Brooks, Alberta, for 60 days with an exclusive option to buy XL Foods' Canada and US operations. On January 14, 2013, JBS Us completed the purchase of the Brooks facility, a second XL beef facility in Calgary, Alberta, and a feedyard.[xiii]
In July 2015, JBS United states of america purchased the U.S. pork processing business of Cargill Meat Solutions for $1.45 billion.[14]
Immigration raids [edit]
In Dec 2006, six of the company's meat-packing facilities in Colorado, Nebraska, Texas, Utah, Iowa, and Minnesota were raided by U.S. Immigration and Customs Enforcement officials, resulting in the anticipation of 1,282 undocumented immigrants from Mexico, Republic of guatemala, Republic of honduras, Republic of el salvador, Peru, Laos, Sudan, and Federal democratic republic of ethiopia, and nearly 200 of them were criminally charged subsequently a ten-month investigation into identity theft.[xv]
Food safety and quality bug [edit]
On June 24, 2009, the USDA's Food Safety and Inspection Service announced that JBS Swift Beefiness Company, a Greeley, Colorado, establishment, recalled nigh 41,280 lb (xviii,720 kg) of beefiness products that may be contaminated with E. coli O157:H7. Past June 30, the recall included over 421,000 lb (191,000 kg).[16] The beefiness products were produced on April 21 and 22, 2009, and were shipped to distributors and retail establishments in Arizona, California, Colorado, Florida, Illinois, Michigan, Minnesota, Nebraska, Oregon, South Carolina, Tennessee, Texas, Utah, and Wisconsin.[17]
On November 4, 2010, the Federal Motor Carrier Safety Administration ordered JBS Carriers, a subsidiary of JBS, to install electronic on-board recorders on their trucks later on a compliance review found "serious violation" of federal hours of service.[18]
On December 2, 2010, JBS announced that it would utilise Arrowsight, a remote video auditing visitor, to monitor proper sanitation to prevent cantankerous contamination during processing. They also use Arrowsight to monitor their live cattle for proper beast welfare practices. These programs have shown great success.[19]
The Grain Inspection, Packers and Stockyards Administration assessed a $175,000 ceremonious penalty against JBS/Swift on December 22, 2010, for violations of the Packers and Stockyards Act by declining to disembalm when missing Fat-O-Meat'er information had prevented JBS from calculating the lean percentage of a particular pork carcass or carcasses in a seller's lot, and substituting an undisclosed lean value for pork carcasses with missing data when calculating carcass-merit payment for hogs delivered to JBS' Worthington, MN, Marshalltown, IA, and Louisville, KY, processing plants. The Packers and Stockyards Act is a fair trade exercise and payment protection police force that promotes fair and competitive marketing environments for the livestock, meat, and poultry industries.[twenty]
[edit]
The JBS facility in Greeley, Colorado came into national focus during the COVID-nineteen outbreak when at to the lowest degree fifty[21] workers tested positive by April 10, 2020, and ii workers had died of the affliction. By April xiv a third worker had died of COVID-xix. US President Donald Trump referred to the case in the daily White House briefing on April x.[22] All workers were supposed to be tested during the Easter holidays, with the plant being closed until April 24, 2020. Testing of all did not have place over Easter; rather, a JBS company spokesman announced that workers would be quarantined.[23] The plant reopened subsequently a 9-day closure.[24] By Apr 15, 102 workers had tested positive for the coronavirus, and four had died.[25] Outbreaks of COVID-19 have besides been establish in half-dozen other JBS beef processing plants, in Souderton, Pennsylvania; Plainwell, Michigan; Green Bay, Wisconsin; Cactus, Texas; Grand Isle, Nebraska; and Hyrum, Utah.[26] [27] [28]
The United States House Select Oversight Subcommittee on the Coronavirus Crunch released a report in May of 2022 detailing the relationship between the Trump administration and the meat packing industry during the COVID-19 pandemic. The report describes the CEO of JBS (along with the CEOs of Tyson and Smithfield) asking the secretary of agriculture, Sonny Perdue, about elevating the need for workers to stay nowadays at piece of work, despite the risk of working in close quarters during the pandemic.[29] [30]
Cyberattack [edit]
JBS USA was the target of a cyberattack in May 2021.[31] The assail disrupted all JBS facilities in the United States.
See as well [edit]
- Cactus, Texas, location of a JBS meatpacking plant
- Impact of the COVID-xix pandemic on the meat industry in the United states
- Porter Jarvis, chairman and president of Swift & Co., 1955–1967
- Swift Packing Company edifice (Sioux City, Iowa), listed in the National Register of Celebrated Places, now demolished
References [edit]
- ^ "Contact us". JBS USA. Retrieved 2013-05-17 .
- ^ "About Eastham, Massachusetts". Town of Eastham, Massachusetts. Archived from the original on 2014-07-12. Retrieved 2013-05-17 .
- ^ "Swift and Visitor". Handbook of Texas. Texas State Historical Clan. Retrieved 25 September 2016.
- ^ "Earth Life pact". Chicago Tribune. April vi, 1977. Retrieved 26 September 2016.
- ^ "Swift's three Iowa pork plants stay open up in sale, reorganization". The Des Moines Register. 27 June 1980. Retrieved 27 September 2016.
- ^ a b "Swift & Company History". Funding Universe. Retrieved 2016-08-28 .
- ^ "Hicks Muse Grouping to Buy Stake In ConAgra Meatpacking Unit". The Wall Street Journal. 22 May 2002. Retrieved 28 August 2016.
- ^ "ConAgra Foods Receives $194 Million for Equity Interest, Expects to Receive $300 Million for Sure Assets". ConAgra (press release). Retrieved 2016-08-28 .
- ^ "JBS to purchase Green Bay's Smithfield Beef, other beef producers". Milwaukee Business Periodical. March 5, 2008. Retrieved August 28, 2016.
- ^ Etter, Lauren (February 21, 2009). "Brazil's JBS Pulls Deal to Buy National Beefiness". The Wall Street Journal . Retrieved August 28, 2016.
- ^ "Craven Brands". JBS. Retrieved 2013-05-17 .
- ^ "Form S-one - General form for registration of securities under the Securities Act of 1933:SEC Accretion No. 0001193125-09-153228". SEC. 22 July 2009.
- ^ "JBS U.s. Will Complete 40 Purchases in Canada on Monday". Food Safety News. Seattle. Retrieved January nine, 2016.
- ^ Magalhaes, Luciana (July 1, 2015). "JBS to Buy Cargill'due south U.S. Pork Business for $ane.45 Billion". The Wall Street Periodical . Retrieved August 28, 2016.
- ^ "Immigrations and Customs Enforcement raids Swift & Co. plants in 6 states". CBS News. 12 December 2006. Retrieved 2013-05-17 .
- ^ Kate Barrett (30 June 2009). "Battling A July Fourth Beef Remember". ABC News. about-ecoli.com. Retrieved 2013-05-17 .
- ^ "Colorado Firm Recalls Beefiness Products Due To Possible Eastward. coli O157:H7 Contamination" (Printing release). USDA FSIS. 24 June 2009. Archived from the original on 31 May 2013. Retrieved 2013-05-17 .
- ^ "FMCSA Orders JBS Carriers to Install Electronic On-Board Recorders on its Entire Armada of Commercial Trucks for Violating Hours-of-Service and Other Federal Safety Regulations" (Press release). FMCSA. four November 2010. Archived from the original on 15 May 2013. Retrieved 2013-05-17 .
- ^ "Bloomberg Politics - Bloomberg". Bloomberg.com.
- ^ "JBS Usa, LLC, fka Swift & Visitor and Swift Pork Visitor Is Assessed a Ceremonious Penalty in the Amount of $175,000" (PDF) (Printing release). USDA GIPSA. 6 January 2011. Archived from the original (PDF) on 7 March 2013. Retrieved 2013-05-17 .
- ^ "After 2d decease, union calls for closure of Greeley meat-packing plant". Apr 10, 2020.
- ^ "Hundreds of U.S. Meat Workers Accept Now Tested Positive for Virus". www.msn.com.
- ^ "Final few hundred employees aid close Greeley establish, 3rd worker dies from COVID-19". April xv, 2020.
- ^ "5th local JBS employee dies from coronavirus every bit union, company trade shots". Longmont Times-Call. 2020-04-27. Retrieved 2020-05-01 .
- ^ Staff (April 15, 2020). "Coronavirus Death Toll Among Colorado Meatpacking Workers Rises To 5". CPR News . Retrieved April 16, 2020.
- ^ Honig, Esther; Genoways, Ted. ""The workers are being sacrificed": As cases mounted, meatpacker JBS kept people on crowded factory floors". Female parent Jones . Retrieved 2020-05-01 .
- ^ "287 workers test positive for COVID-19 at meatpacking plant as impact ripples through northern Utah". The Table salt Lake Tribune.
- ^ Yeung, Michael Grabell,Claire Perlman,Bernice. "Emails Reveal Chaos as Meatpacking Companies Fought Wellness Agencies Over COVID-xix Outbreaks in Their Plants". ProPublica.
- ^ Lakhani, Nina (May 12, 2022). "Trump officials and meat manufacture blocked life-saving Covid controls, investigation finds". The Guardian . Retrieved 2022-06-02 .
- ^ "At present TO Go RID OF THOSE PESKY HEALTH DEPARTMENTS!" How the Trump Administration Helped the Meatpacking Industry Block Pandemic Worker Protections (PDF) (Written report). May 2022. p. 3. Retrieved 2022-06-02 .
- ^ Batista, Fabiana; Hirtzer, Michael; Dorning, Mike. "All of JBS's U.S. Beef Plants Were Forced Shut past Cyberattack". world wide web.bloomberg.com . Retrieved 1 June 2021.
External links [edit]
- Official website
- Booklet "For Diversity" with Swift & Company recipes
- Swift & Visitor History
- A Nations Meat. 1940 Swift & Company promotional moving-picture show
Source: https://en.wikipedia.org/wiki/JBS_USA
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