The new facility can process 1.5 million chickens weekly, with a future processing line set to increase approved capacity to 3 million birds.
The investment will support integrated breeding, genomics and reproductive technology facilities as BL Agro seeks to strengthen India’s indigenous cattle and dairy value chain.
The transaction will combine two established poultry businesses, expanding operations across Australia and strengthening production and customer capabilities.
The investment will develop an integrated poultry value chain spanning feed, hatcheries, farming, processing and cold-chain infrastructure while creating thousands of jobs.
JBS is seeking full ownership of Pilgrim’s Pride in a proposed stock-for-stock transaction that could simplify its corporate structure and remove the poultry company from Nasdaq.