GREELEY, Colo. — JBS USA, a subsidiary of Brazil-based JBS S.A., has signed an agreement to take over XL Foods’ Alberta, Canada-beef processing plant, which was shut down in September due to an E. coli outbreak.
Under the terms of the agreement, JBS USA also has an exclusive option to purchase XL Foods’ Canadian and U.S. operations.
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"As the world''s largest producer of animal protein, we know full well the commitment it takes to manage world-class operations that produce safe and nutritious products for consumers around the world to enjoy,” said JBS USA Beef President and COO Bill Rupp. “We believe our experienced team will prove an invaluable asset in the management of XL Lakeside and we look forward to exploring our options to purchase XL assets in the near future."