JBS USA Intends to Purchase Pipestone Facility From J&B Group
Pilgrim's Pride Corporation (PPC)
Last pilgrim's pride corporation earnings: 4/29 05:12 pm
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Source: GlobeNewswire
GREELEY, Colo., and PIPESTONE, Minn. , Dec. 03, 2019 (GLOBE NEWSWIRE) -- JBS USA today announced an agreement with J&B Group, Inc., to lease J&B’s value-added meat processing facility in Pipestone, Minn., with the intent to acquire this facility in the upcoming months for an undisclosed amount. The facility was destined for imminent closure. The pending acquisition means the facility will join JBS USA, a leading U.S.-based food company with proven expertise and a strong track record of success, protecting more than 130 jobs and ensuring the facility remains a significant economic contributor to the Pipestone community for years to come. “We are excited to welcome the Pipestone team members to JBS USA,” said Bob Krebs, COO, JBS USA Pork. “We have worked with the J&B team under the common goals of preserving jobs and creating a sustainable future for the facility. We believe the facility’s infrastructure and accomplished workforce present a great opportunity to expand ou
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- Pilgrim's Pride Co. (NASDAQ: PPC) had its price target raised by analysts at Bank of America Co. from $36.00 to $40.00. They now have a "buy" rating on the stock.MarketBeat
PPC
Earnings
- 2/26/24 - Beat
PPC
Sec Filings
- 4/1/24 - Form DEF
- 3/19/24 - Form 4
- 3/14/24 - Form 144
- PPC's page on the SEC website