NORTH PLATTE, NEB. – A recently established Nebraska meat company announced last week it plans to start a new beef processing facility in North Platte, Neb.
The new venture, Sustainable Beef LLC, plans to build a 300,000-square-foot plant that will cost more than $300 million. The group is expecting to break ground fall 2021 and operations to begin in 2023.
“We have seen tremendous support from the cattle industry and the city of North Platte in bringing the idea of more capacity to the beef industry,” said David Briggs, chief executive officer for Sustainable Beef. “The team we have put together to help us build this new plant is top notch and committed to Nebraska beef and our tag line; Right People – Right Place – Right Time.”
According to a report in the North Platte Telegraph, Briggs said during the announcement that the new facility would process about 400,000 head of cattle per year. The facility would employ about 875 people.
“When you look at the North Platte area agriculture economy and the profound positive financial impact this will have, through major investment and job creation, it will truly help diversify our economy and build upon our natural economic strengths” said Gary Person, president and CEO of North Platte Area Chamber & Development Corporation.
Before starting the project, Sustainable Beef will work with the local government on its eligibility for tax increment financing (TIF).