Company expects the changes to deliver annual efficiency savings of about US$77.9 million.
Facility will be converted into a value-added processing plant focused initially on meat products.
Spain will resume pork exports to the Philippines from areas free of African swine fever following the lifting of a nationwide ban.
UK pig meat imports declined 4% year-on-year despite a sharp rebound in German supplies
Pork exports and per capita consumption also expected to decline in 2026