JBS Canada is increasing beef processing and developing a state-of-the-art fulfilment centre in Brooks, Alta. to help accommodate the increased production.
JBS Canada has received conditional approval for a tax credit estimated at $10.7 million through the Alberta government Agri-Processing Investment Tax Credit program. Corporations who invest at least $10 million in a project to build or expand a value-added agri-processing facility in Alberta is offered a 12 per cent non-refundable tax credit base on eligible capital expenditures.
Minister of Agriculture and Irrigation RJ Sigurdson said the processing line and warehouse expansion are already underway and are expected to be complete by fall 2025. The project will create up to 24 permanent jobs and 170 temporary jobs.
“JBS Canada’s facility expansion is an important step towards meeting the demand for Alberta beef products. Agri-food production is a major economic force in our province and this tax credit program is attracting even more growth and development for the industry,” he said.
In 2023, Alberta beef production totaled almost one million tonnes, with meat product sales totaling $12.2 billion. Alberta is Canada’s largest cattle-producing province with an estimated 5.26 million head as of July 1, 2023. Alberta’s meat product manufacturing industry employed 18,700 people last year. Beef is Alberta’s largest agri-food export, with $3.9 billion in exports last year.
With the expansion, JBS Canada will produce almost seven million more kilograms of beef patties every year for restaurants in Western Canada.
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