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JBS to buy US meat company for $238M

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The American food processing unit of Brazil-based JBS S.A. agreed to buy a U.S. meat company for $238 million.

JBS USA is buying Empire Packing Co. in a deal that includes five production plants and the Ledbetter brand.

JBS USA last year expanded its Grand Island, Nebraska, beef production plant to the tune of $95 million.

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