JBS unit will buy smoked meat maker
GREELEY — Swift Prepared Foods will buy Sunnyvalley Smoked Meats Inc. for $90 million.
Swift sells packaged foods and is a unit of JBS USA LLC, which is 81%-owned by global meat processor JBS SA in Brazil. JBS SA also owns beef and pork processor Pilgrim’s Pride Corp. (Nasdaq: PPC).
JBS USA and Pilgrim’s Pride are in Greeley. Swift Prepared Foods is based in Chicago.
Sunnyvalley processes ham, turkey, bacon and pork products in 100,000 square feet of space in Manteca, California, between Stockton and Modesto. Its website said the company employs about 325 workers and planned in 2020 to add a new…
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