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World's largest meatpacker JBS aims to double output of new Saudi plant
Yahoo Finance· 2026-01-22 11:11
By Ana Mano SAO PAULO, Jan 22 (Reuters) - The world's largest meat company JBS will double production output in its new chicken processing plant in the Saudi Arabian city of Jeddah by the end of 2026, according to a statement on Thursday. JBS's bet in Saudi Arabia underpins a strategy to increase local food production, while supporting Saudi Arabia's resolve to reduce reliance on food imports, a step also taken by a rival Brazilian food producer. The plant, which JBS built from the ground and starte ...