The National Livestock Weekly March 10, 2008 • Vol. 87, No. 22 “The Industry’s Largest Weekly Circulation” Web site: www.wlj.net • E-mail:
[email protected] •
[email protected] •
[email protected] A Crow Publication JBS/Swift goes on a buying spree —In one day, JBS/ mon stock. JBS will also acquire company with multiple locations National Beef to the North Amer- all of National’s outstanding to deliver the high quality cattle ican operations of his company Swift leapfrogs Cargill debt and liabilities upon the clos- they produce for our value-added was a key strategic decision. and Tyson to become ing of the transaction. programs. This opportunity will “We are looking forward to work- the largest packer in The purchase of National Beef establish a solid platform for fu- ing with (National’s) management the U.S. and the Packing added five slaughter ture company growth,” said Steve and employees to expand our busi- DELISTING BRINGS SUITSUIT— A coali- plants to JBS/Swift’s empire, in- Hunt, CEO of USPB, in making ness in the United States and in- tion of 11 environmental organiza- world. cluding two in Kansas, and one the announcement. ternationally. National Beef is an tions has delivered a notice to the each in California, Georgia and Wesley Batista, CEO of JBS industry leader in value added U.S. Fish and Wildlife Service inform- In a surprise announcement last ing the agency that they will be suing week, JBS Swift announced it had Pennsylvania. The company pro- USA, Inc., said the addition of See JBS/Swift on page 22 to keep the northern population of completed a buying spree, snap- cesses about 3.9 million head a the gray wolf on the endangered ping up two competitors in the year, or approximately 12,500 species list.