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JBS USA Holdings, Inc., incorporated on July 23, 2004, is a holding company. The Company processes, prepares, packages and delivers fresh, processed and value-added beef and pork products for sale to customers in over 60 countries on six continents. Fresh meat products include refrigerated beef and pork sold primarily in boxed form. The Company’s processed meat offerings, which include beef and pork products, are cut, ground and packaged in a customized manner for specific orders. In addition, it processes lamb and mutton products. JBS USA Holdings, Inc.’s value-added products include moisture-enhanced, seasoned, marinated and consumer-ready products. It also produces and sells by-products that are derived from its meat processing operations, such as hides and variety meats, to customers in the clothing, pet food and automotive industries, among others. The Company also owns and operates feedlot business in the United States. The Company operates through two business segments: Beef segment and Pork segment. The Company is a wholly owned indirect subsidiary of JBS S.A.

On May 2, 2008, the Company acquired substantially all of the assets of the Tasman Group Services, Pty. Ltd. (Tasman Acquisition). On October 23, 2008, it acquired Smithfield Beef Group, Inc., which was subsequently renamed as JBS Packerland, Inc., which included the 100% acquisition of Five Rivers Ranch Cattle Feeding LLC (Five Rivers). The Company refers to this transaction as the JBS Packerland Acquisition.

In the United States, the Company conducts its operations through eight beef processing facilities, three pork processing facilities, one lamb processing facility, one case-ready beef and pork facility, one hide tannery, seven leased regional distribution centers, two grease-producing facilities, and 11 feedlots operated by Five Rivers, which supply approximately 30% of the Company’s fed cattle needs. In Australia, it operates 10 beef and small animals processing facilities, and five feedlots that supply approximately 18% of its fed cattle needs. The Company’s small animals processing facilities in Australia process hogs, lamb and sheep, or smalls. As of July 22, 2009, JBS USA Holdings, Inc. had the capacity to process approximately 28,600 cattle, 48,500 hogs and 4,500 lambs daily in the United States, and 8,690 cattle and 15,000 smalls daily in Australia based on its facilities’ existing configurations.

Beef Segment

The Beef segment, through which the Company conducts its domestic beef processing business, includes the beef operations it acquired in the JBS Packerland Acquisition, and its international beef, lamb and sheep processing businesses that it acquired in the Tasman Acquisition. The majority of the Company’s beef revenues in the United States are generated from the sale of fresh beef, which includes chuck cuts, rib cuts, loin cuts, round cuts, thin meats, ground beef and other products. In addition, it sells beef by-products to the variety meat, feed processing, fertilizer and pet food industries. Cattle hides are sold for both domestic and international use, primarily to the clothing and automotive industries. The Company markets products under several brand names, including Swift Premium, Swift Angus Select, Swift Premium Black Angus, Miller Blue Ribbon Beef and G.F. Swift 1855.

JBS USA Holdings, Inc. markets its beef products through several channels, including national and regional retailers, including supermarket chains, independent grocers, club stores and wholesale distributors; further processors who use its beef products as a food ingredient for prepared meals, raw materials for hamburger, and by-products for pharmaceutical and leather production; the food service industry, including food service distributors, which service restaurant and hotel chains and other institutional customers, and international markets, including Japan, Mexico, South Korea, Canada and China among others. The Company’s largest distribution channel is retail.

The majority of the Company’s beef revenues in Australia are generated from the sale of fresh beef, which includes chuck cuts, rib cuts, loin cuts, round cuts, thin meats, ground beef and other products. It also produces value-added meat products, including toppings for pizza. Approximately 79% of the beef products sold by the Company are derived from grass-fed cattle. The remainder of its beef products is derived from grain-fed animals that are sold primarily to Japan. The Company’s Beef segment also includes its lamb and sheep operations in Australia. As of July 22, 2009, its Australian operations generated approximately 89% of total net sales as exports to foreign countries, including Japan, its largest export market, as well as the United States. Overall, exports accounted for approximately 24% of its sales during the fiscal year ended December 28, 2008 (fiscal 2008).

Pork Segment

Through its Pork segment, the Company conducts its domestic pork and lamb processing business. It has a slaughtering capacity of 48,500 head per day. A significant portion of its revenues are generated from the sale of fresh pork products, including trimmed cuts, such as loins, roasts, chops, butts, picnics and ribs. Other pork products, including hams, bellies and trimmings, are sold predominantly to further processors, who, in turn, manufacture bacon, sausage and deli and luncheon meats. The remaining sales are derived from by-products and from further-processed products. The Company’s United States lamb business operates under its Pork segment. The Company markets its pork products through several channels, including national and regional retailers, including supermarket chains, independent grocers, club stores and wholesale distributors; further processors that use its pork products as a food ingredient for prepared meals, raw material for sausage manufacturing and by-products for pharmaceutical production; international markets, including Japan, Mexico and China, among others, and the food service industry, including food service distributors, fast food, restaurant and hotel chains and other institutional customers.

The Company competes with JBS S.A., Tyson Foods, Inc., Cargill, Inc., National Beef Packing Company, LLC, Teys Bros Pty Ltd., Hormel Foods Corporation, Sara Lee Corporation, Nippon Meat Packers Ltd. and Smithfield Foods, Inc.

Company Address

JBS USA Holdings Inc

1770 Promontory Circle
GREELEY   CO   80634
P: +1970.5068000
F: +1302.6555049

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