Isabella Sun's questions to JBSAY leadership • Q4 2024
Question
Asked for details on how the $200 million CapEx upgrades in U.S. Beef facilities will improve operations and value-add, and inquired about the potential for similar investments in the U.S. Pork division.
Answer
The U.S. Beef investments are long-term upgrades to modernize two key plants, adding a new distribution center and a new fabrication room to remove bottlenecks, improve service, and increase value-added capacity. The Pork division has already received significant investment in prepared foods, with two new plants now ramping up, and it remains a focus for future growth opportunities.