GREELEY, COLO. — JBS USA announced an agreement to acquire certain assets from TriOak Foods, a Midwest-based pork producer and grain marketer.
JBS USA has a long-standing business relationship with the family operated TriOak Foods, which was founded in 1951. Since 2017, JBS USA has been the exclusive purchaser of TriOak market hogs.
“Today’s announcement is aligned with our company’s strategy to consistently provide the highest quality pork to our customers and consumers,” said Matthew Turner, DVM, head of live pork at JBS USA. “As a longtime, exclusive hog supplier to JBS USA, TriOak Foods has a proven track record of maintaining the highest standards for animal health, well-being and product quality. We look forward to continuing our strong partnership with the TriOak team.”
“I am very proud of all that TriOak has accomplished and am excited to strengthen our relationship with a trusted partner,” said Randy Pflum, president and chief executive officer at TriOak Foods. “In alignment with our core beliefs, JBS USA invests in its team members and the communities where they operate. I believe the future will be very promising for both of our organizations as a result of this partnership.”
Through the acquisition, JBS will have reliable access to a premium pork supply. TriOak Foods operates multiple open pen gestation facilities and farms compliant with California’s Proposition 12 rule.
TriOak Foods’ services include grain merchandising and fertilizer marketing in addition to live pork production. Agricultural real estate assets in Iowa are not included in the transaction, JBS USA said.
“With a focus on meeting customer and consumer expectations, this announcement means that JBS USA will continue expanding our premium pork product mix, including open pen gestation and Proposition 12-compliant hogs,” said Marty Dooley, JBS USA pork president. “We are grateful for the opportunity to ensure consistent supply to our Ottumwa, Iowa, and Beardstown, Ill., pork production facilities, which will strengthen our ability to reliably provide high-quality protein to American families.”