Branded packaged meat company Plumrose USA has announced its plan to invest US$200 million to build a state-of-the-art Italian meat and charcuterie facility.
Acquired by global food company JBS USA in 2017, Plumrose USA is a producer of premium bacon and deli products with six production facilities across the USA.
Despite the location of the new facility that has not been revealed yet, it said it will be strategically located to efficiently access raw material and leverage synergies with existing corporate assets.
This investment follows the company’s long-term strategy to “increase its value-added and branded portfolio with innovative, on-trend products”.
Thomas Lopez, Plumrose USA president, said: “Plumrose USA is uniquely positioned to meet growing consumer demand for great-tasting, high-quality Italian meats, like salami and prosciutto. The project reinforces our strategic commitment to grow our business and be a stronger partner for our customers, provide increased opportunities for our team members, and realize the full potential of protein”.
Sources: Stock House