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Tyson Fresh Meats and Jacob Stern & Sons Launch Joint Venture
Tyson Fresh Meats, the beef and pork subsidiary of Tyson Foods, and Jacob Stern & Sons, Inc. have launched a joint venture, JST Global, LLC, to serve the worldwide fats and oils market. Specific terms of the venture are not being disclosed.
Beef and pork by-products of the fresh meats business, along with fats and oils derived from other sources, are key ingredients in thousands of products in such diverse industries as pharmaceuticals, personal care, and animal nutrition, plus the rapidly developing field of renewable fuels.
“Jacob Stern and Tyson Fresh Meats have enjoyed a strong relationship for over 50 years. Combining Tyson’s vast supply of animal fats with Jacob Stern’s Texas operations is...
Tyson Looks to Expand Beef Operations Internationally
Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc., today signed an agreement with the Republic of Kazakhstan and private holding company Kusto Group to collaborate on a project that, in its initial phase could lead to the construction of a modern beef processing plant in Kazakhstan, with an anticipated harvest capacity of 2,000 head per day. As presently conceived, the investment is projected to help provide an annual agricultural economic benefit to the country well in excess of one billion dollars (USD).
Kazakhstan is the ninth largest country in the world by geographic area and has identified the livestock and the multi-protein export industry as a key growth market. The country has an established beef industry which serves the domestic population with exports to the region. The agreement...
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