USA: Plumrose to build $200 million facility for Italian meat and charcuterie

Branded packaged meat company Plumrose, a subsidiary of JBS, has announced plans to invest $200 million to build a state-of-the-art Italian meat and charcuterie facility.

Although the location of the new factory is yet to be revealed, it will reportedly be strategically located to efficiently access raw material and leverage synergies with existing corporate assets.

Construction of the new facility – the company’s seventh – is described a being in line with Plumrose’s long-term plan 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