JBS Moves Forward on Ownership of XL Foods

JBS USA, a subsidiary of Brazil-based JBS S.A., has announced it is moving forward with purchasing XL Foods’s Canadian operations. JBS took over management of the Brooks-based plant in late October after E. coli contamination shut down operations at the plant. JBS, upon exercising this option, anticipates the purchase of XL Foods to be completed by next week. A takeover of the U.S.-based operations of XL Foods is awaiting regulatory approval in the U.S.

This purchase includes the Brooks plant and feedlot (including 6,600 acres of land) and a packing plant in Calgary. The Alberta government waived certain rules of foreign land ownership as part of this sale. As part of that agreement, should JBS ever sell the Canadian plant and XL Foods operations, the land would also have to be sold.


RealAgriculture News Team

A team effort of RealAgriculture's videographers and editorial staff to make sure that you have the latest in what is happening in agriculture.


No Compressor or Hoses for Cordless Fence Stapler

Marketed as "the world's first cordless fencing stapler," the STOCKade ST400i won first place in the innovation contest at Agri-Trade in Red Deer, Alta., this fall. The cordless stapler has more power than a pneumatic fencing stapler and does not require a compressor and hoses, notes Axle Boris of Langley, BC-based FenceFast Ltd., in this video recorded at Agribition…Read more »


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