What's Happening?
JBS USA has announced a $100 million investment to acquire and expand a former Hy-Vee production facility in Ankeny, Iowa. The plant will become JBS's largest U.S. operation for ready-to-eat sausage and bacon, utilizing products from other JBS plants in Iowa, including a new facility in Perry. JBS plans to hire 400 workers, potentially including former Hy-Vee employees who were laid off when the facility closed. The expansion aligns with JBS's strategy to offer more value-added and prepared foods products. The Ankeny plant will use sausage produced at the $135 million plant JBS plans to build in Perry, which is expected to employ 500 people.
AD
Why It's Important?
This investment by JBS USA is significant for the local economy, particularly in Ankeny and Perry, Iowa. It promises job creation and economic revitalization following the closure of Hy-Vee facilities and Tyson Foods' pork plant. The expansion supports JBS's growth strategy in the U.S. prepared foods market, enhancing its production capabilities and supply chain efficiency. The move could also provide employment opportunities for laid-off workers, contributing to community stability and economic recovery.
What's Next?
Construction in Perry is expected to begin late this year, with operations potentially starting by mid-2026. JBS will focus on recruiting skilled workers, including former Hy-Vee employees, to support its expanded operations. The company will continue to integrate its supply chain across Iowa, leveraging synergies between its plants to optimize production and distribution.
