What do you know about Wild Fork Foods and their holding company, JBS USA Holdings, Inc.?
I'm hearing ads for Wild Fork Foods as they're moving into Northern California. Wild Fork flash-freezes animal protein -- beef, pork, seafood, wild game (even alligator) -- and ships from packing house to your front door. You don't get to choose the cut as you would in a traditional butcher shop unless you can buy from one of their retail Wild Fork locations (there are plans to build over 200 new stores in coming years).
The holding company sounds like a juggernaut, snapping up medium to larger regional meat producers and packers, most notably Swift & Company in the United States, and has become the largest beef processor in the world according to Wikipedia.
JBS USA Holdings is an independent subsidiary of multinational JBS S.A., headquartered in Brazil, with an estimated net worth of "at least" $4.6 billion (https://www.gurufocus.com/insider/64185/jbs-usa-holdings,-inc.)
JBS S.A. is also publicly traded, with an estimated mid-May 2023 worth of $7.54 billion.
https://en.wikipedia.org/wiki/JBS_USA
https://bouldergroup.com/media/pdf/OM-Wild-Fork-Foods-Skokie-IL.pdf
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I'm not a big meat eater and won't be purchasing product from Wild Fork retail or their e-stores any time soon.
The business practice stinks like days-old fish.
I especially loathe large companies that acquire smaller ones with the aim of profiteering through monopoly. Where's the accountability? The transparency? Think sustainability, environmental protections, safe food practices, etc. is a gold standard?
I don't. Here's an example:
(From Wikipedia): At least 277 JBS USA workers at a plant in Greeley, Colorado, were presumed to be infected with coronavirus disease 2019 in April 2020, leading to the closure of this large meat processing operation with over 3,000 employees; the plant reopened after a 9-day closure.
The Weld County, Colorado Department of Public Health, where Greeley is located, reported that employees had said that the JBS plant had a "work while sick" culture. The company denied any such pressure on workers.
By April 15, 102 workers had tested positive for the coronavirus, and four had died. Outbreaks of COVID-19 have also been found in five other JBS beef processing plants, in Souderton, Pennsylvania; Plainwell, Michigan; Green Bay, Wisconsin; Cactus, Texas; and Grand Island, Nebraska.
With 600 workers confirmed and probable cases in the JBS Foods plant in Brooks, Alberta, 7% of the population tested positive for COVID-19. https://en.wikipedia.org/wiki/JBS_S.A.#:~:text=JBS%20became%20a%20publicly%20held,BNDES%20.
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That's just how they treat employees.
Yuck.
Comments, anyone?
= new reply since forum marked as read
