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Tuesday, May 19, 2020
Brazilian meatpacker JBS SA pursues legal action to reopen poultry plant
The plant in Ipumirim, Santa Catarina state was ordered to close by a local labour authority to prevent the spread of COVID-19, reported Reuters.
Saturday, May 16, 2020
JBS reports US$1.03 billion net loss
According to the Brazilian meatpacker's earnings statement on Thursday, JBS SA suffered a sharp BRL6 billion (US$1.03 billion) net loss in the first quarter of 2020 as changes in foreign exchange rates affected results, reported Reuters.
Tuesday, May 12, 2020
JBS donates US$120 million to initiatives aimed at battling COVID-19
In a securities filing, Brazil-based JBS said the 700 million BRL (~US$120 million; 1 BRL = US$0.17) funding will be used to help communities where its workers live and work, reported Reuters.
Thursday, April 30, 2020
JBS reopens Minnesota pork plant to euthanise swine, not produce meat
Up to 13,000 swine are being euthanised in the plant for farmers, as the company denies that the plant has been reopened to produce pork for consumers, reported Reuters.
Monday, April 27, 2020
COVID-19 outbreak at JBS Brazil poultry factory
20 workers at JBS's poultry plant in Passo Fundo, Rio Grande do Sul were infected with COVID-19 according to the state's labour prosecutor's office, reported Reuters.
Tuesday, April 21, 2020
JBS closes swine plant in US, Cargill idles beef plant in Canada due to COVID-19
JBS USA will close its Worthington, Minnesota pork production facility, while Cargill will idle a beef plant in High River, Alberta, reported Reuters.
Monday, April 20, 2020
JBS gives pay raises, protective equipment to Green Bay plant workers
JBS' Green Bay employees will earn US$4 an hour more and get more protective equipment during the COVID-19 pandemic, according to the meatpacking plant's union.
Wednesday, April 15, 2020
JBS to close down Colorado beef plant on COVID-19 outbreak
JBS SA will shut down its beef facility in Greeley, Colorado through April 24 amid a COVID-19 outbreak among plant employees and neighbouring communities.
Tuesday, March 31, 2020
JBS USA reduces beef production for two weeks due to COVID-19
The company said it will reduce beef production as its factory in Pennsylvania factory as managers showed flu symptoms, reported Reuters.
Friday, March 27, 2020
Meatpacker JBS SA prepared for COVID-19 possible disruptions
The company said it was not affected by China's port disruptions and has introduced measures to boost exports particularly to China, reported Reuters.
Thursday, March 26, 2020
Brazil-based JBS reports 332% quarterly net income increase
The world's biggest meatpacker said the 332% surge in quarterly net profits, which beat projections by analysts, was due to added sales to China, reported Reuters.
Thursday, March 19, 2020
Brazil beef company JBS shareholders seek US$271 million in damages
Arbitration proceedings have begun against JBS over claims the company misled shareholders after its initial public offering (IPO) in Brazil in 2017, reported Reuters.
Tuesday, March 17, 2020
Brazil meatpacker JBS considers suspending operations
JBS has proposed to suspend some of its slaughterhouses' operations because of China supply chain problems, reported Reuters.
Tuesday, March 3, 2020
JBS Brazil under pressure over supply chain transparency issues
Brazillian politicians and environmentalists say JBS, the biggest meat company in the world, has not explained the transparency failure in its meat supply chain, reported The Guardian.
Monday, January 13, 2020
Brazilian meatpacker JBS opens new domestic beef plant
Renato Costa, chief executive officer of its beef division Friboi said the new JBS beef plant in Mato Grosso state will cater to the Brazilian market, as domestic prices have continued to increase, reported Reuters.
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