Yahoo Finance
JBS is one of the biggest names behind the meat sold in grocery stores, restaurants, and food-service channels across the U.S.
The company describes itself as a leading global food company serving customers in about 100 countries across six continents.
Its portfolio includes beef, poultry, pork, and lamb, as well as prepared foods and consumer-facing brands such as Pilgrim’s, Just Bare, Swift, and 1855 Beef.
With such an expansive presence in the country, the meat giant is making a major change to its U.S.
JBS USAsaid it plans to close two facilities, one in Pennsylvania and two in Tennessee, as part of a broader effort to strengthen operations and make its business more efficient.
The move will result in major job cuts, including nearly 1,500 workers at a single Pennsylvania facility.
The closures come at a difficult moment for the meat business as Beef prices are still climbing, and cattle supplies remain tight.
Amidst this market, food companies are trying to decide which plants are best positioned for the next stage of demand.
JBS USAon June 12 announced the planned closure of its beef production facility in Souderton, Pennsylvania, a suburb of Philadelphia, and a value-added facility in Memphis, Tennessee.
Additionally, JBS-owned Pilgrim's Pride is closing its Chattanooga, TN, facility, effective September 25, 2026.
The company said the closures are part of targeted network changes aimed at strengthening operations going forward.
A Worker Adjustment and Retraining Notification(WARN) noticefiled with the Pennsylvania Department lists JBS Souderton at 249 Allentown Road and 741 Souder Road, both in Souderton, Montgomery County, to be closed.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
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| Bitumen 60/70 | $470/MT | +0.08% |
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| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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