JBS to close two US beef plants, impacting over 2,000 workers

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Summary · why it matters

JBS USA is closing its beef production facility in Souderton, Pennsylvania, and a value-added facility in Memphis, Tennessee, as part of a broader network modernization strategy. The Souderton closure will affect 1,485 workers effective August 14, 2026, while the Memphis facility employs about 208 people. Additionally, JBS-owned Pilgrim's Pride is permanently closing its Chattanooga, Tennessee, poultry plant on September 25, 2026, impacting 315 workers. Together, JBS's modernization and closure strategy is set to impact 2,008 workers. The company said production from the affected facilities will be absorbed into other operations, and it will offer impacted employees opportunities to apply for open roles at other facilities.

Impact on assets 2

Consumer Staples▼ · 2 stocks
JBS N.V.
JBS
▼ NegativeSupplyrelevance

JBS is closing two US beef plants as part of network modernization, impacting over 1,600 workers.

Pilgrims Pride Corp
PPC
▼ NegativeSupplyrelevance

Pilgrim's Pride is permanently closing its Chattanooga poultry plant, impacting 315 workers.