JBS shifting operations in Brazil

by Staff
Share This:

SAO PAULO, BRAZIL — JBS, the world’s largest beef producer, is restructuring and moving its meat packing operations to other locations where it operates within Brazil.

The move is being made to recap tax savings and will enable JBS to raise output from domestic operations by 5% through efficiency gains and allow the company to save around $125 million a year by reducing its tax bill and overheads.

The company is suspending operations at its Presidente Epitacio unit in Sao Paulo state as the result of the tax inefficiencies and will shift that output to a unit in Mato Grosso do Sul state. Some slaughtering and deboning at some units in Parana, Minas Gerais, Mato Grosso and Roraima states will be moved to other locations as well, the company said.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.



The views expressed in the comments section of Food Business News do not reflect those of Food Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.