JBS N.V.JBS
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JBS reverses plant closure, invests $30M, secures jobs

JBS has reversed its decision to close a meat facility in Souderton, Pennsylvania, securing around 400 jobs. The Brazilian meat giant, which recently announced Wesley Batista's return as CEO from January, had revealed plans in June to shut the Souderton beef factory, where 1,784 people were employed. JBS now intends to transform the plant into a dedicated value-added operation, investing more than $30 million over the next decade to modernize and enhance its capabilities, though beef harvesting and processing will halt on August 14. The decision was made in consultation with JBS USA, Pennsylvania Governor Josh Shapiro, and the Pennsylvania Department of Agriculture.
JBS N.V.JBS reverses plant closure, invests $30M, secures jobs