Companies

JBS to Close 2 US Facilities as Beef Consumption Drops

Higher beef prices and additional choices could result in more Americans seeking alternative protein sources, according to a recent Federal Reserve Bank report.
Google LogoMark Us Preferred on Google
JBS to Close 2 US Facilities as Beef Consumption Drops
JBS’s meat-packing plant in Greeley, Colo., on April 16, 2020. Matthew Stockman/Getty Images
Mary Prenon
Mary Prenon
Freelance Reporter
|Updated:
0:00

JBS, the world’s largest meat-processing firm, announced on June 12 that it will close two of its plants in the United States—a beef production facility in Souderton, Pennsylvania, and a value-added facility in Memphis, Tennessee.

According to the Pennsylvania Department of Labor and Industry’s WARN Notices page, the Souderton plant will be officially closed on Aug. 14, affecting 1,485 workers.

Google LogoMark Us Preferred on Google
Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.