JBS USA has invested more than $130 million in the U.S. beef industry to increase production capacity, which includes increasing production capacities at two of its major beef processing facilities in Grand Island and Omaha, Nebraska.
“At JBS USA, we recognize the importance and cultural significance of beef – from the men and women who raise cattle, to the frontline essential workers who process beef, to the families who enjoy a tender steak or hamburger as part of the family meal,” said Tim Schellpeper, president of the JBS USA Fed Beef business unit, in a statement. “Our longstanding commitment to the U.S. beef industry and continued reinvestment in its success will help ensure that beef remains at the center of plates around the world for years to come.”
In addition, JBS has provided more than $150 million in annualized wage increases over the last twelve months.
“We are proud to offer industry-leading wages and benefits to the men and women who make our business possible,” said Shannon Grassl, president of the JBS Regional Beef business unit, in a statement. “At JBS USA, you can build a career, and you and your children can go to college for free. By investing in both our industry and the talent that makes it run, we are confident that beef has a bright future.”
This news comes a week after the company experienced a cybersecurity attack on its operations in North America and Australia. JBS USA has confirmed it has paid $11 million in ransom to mitigate any unforeseen issues related to the attack and ensure no data was exfiltrated.
“This was a very difficult decision to make for our company and for me personally,” said Andre Nogueira, CEO, JBS USA, in a statement. “However, we felt this decision had to be made to prevent any potential risk for our customers.”
Related: JBS USA Makes 'Significant Progress' in Resolving Cyberattack; COVID Investigation Launched into Meatpacking Plants.
Image: JBS USA