January 29, 2023

GREELEY, Colorado, Dec. 02, 2022 (GLOBE NEWSWIRE) — JBS USA, a leading global food company, announced that it has entered into an agreement to acquire certain assets of TriOak Foods, a Midwest-based pork producer, for an undisclosed amount. The two companies have enjoyed a long-standing relationship, with JBS USA being the exclusive client of TriOak market hogs since 2017.

TriOak Foods, a family business established in 1951, includes live pork production, grain marketing and fertilizer marketing. Farm real estate in Iowa is not included in the transaction. TriOak Foods pig farms are leaders in on-farm sustainability and include multiple open stalls for gestation and California Proposition 12 rule compliant farms.

“Today’s announcement is consistent with our company’s strategy to consistently offer our customers and consumers the highest quality pork,” said Matthew Turner, DVM, Head of Live Pork at JBS USA. “As the long-time exclusive pork supplier to JBS USA, TriOak Foods has a proven track record of maintaining the highest standards of animal health, welfare and product quality. We look forward to continuing our strong partnership with the TriOak team.”

JBS USA is currently the exclusive customer of TriOak Foods. This evolution of the long-standing partnership will allow JBS USA to ensure consistent supply and increased efficiencies, resulting in affordable, quality products for American consumers and new opportunities for TriOak and JBS team members.

“I am extremely proud of all that TriOak has accomplished and look forward to strengthening our relationship with a trusted partner,” said Randy Pflum, President and CEO of TriOak Foods. “In line with our core beliefs, JBS USA invests in its team members and the communities in which they serve. I believe the future will be very bright for both of our organizations as a result of this partnership.”

JBS USA currently operates five pork production facilities in Beardstown, Illinois; Louisville, Kentucky; Marshalltown, Iowa; Ottumwa, Iowa; and Worthington, Minnesota, a value-added meat processing facility in Pipestone, Minnesota, sow production facilities in Arkansas and Texas, and contract sow production facilities in Arkansas, Oklahoma and Missouri.

“With a focus on meeting customer and consumer expectations, this announcement means that JBS USA will continue to expand our premium pork product mix, including free range and Proposition 12 compliant hogs,” said Marty Dooley, JBS USA Pork President . “We are grateful for the opportunity to ensure a steady supply of our pork production facilities in Ottumwa, Iowa, and Beardstown, Illinois, which will strengthen our ability to reliably provide quality protein to American families.”

The transaction is subject to customary closing conditions.

ABOUT JBS USA
JBS USA is a leading global food company offering diversified, high-quality food products for sale to customers in approximately 100 countries on six continents. These include meat, poultry and seafood products, a portfolio of recognized brands and innovative premium foods. Visit jbsfoodsgroup.com.

Media contact:
Nicki Richardson
corporate communications
[email protected]

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