JBS USA

Swift & Company is an American food processing company a wholly owned subsidiary of JBS S.A. (BM&F Bovespa:JBSS3), a Brazilian company that is the world's largest processor of fresh beef and pork, with more than US$40 billion in annual sales as of 2012. It is also the largest beef processor in Australia.

Swift & Company is based in Greeley, Colorado. Its competitors include Cargill, Smithfield Foods, and Tyson Foods. In 2007, it was acquired by Brazilian JBS S.A..

History

The Swift meat packing company was first founded in 1855 by 16-year-old Gustavus Franklin Swift in Eastham, Massachusetts. Its early origins on Cape Cod, led to later Brighton, MA, Albany, NY, and Buffalo, NY locations, Swift and Company was incorporated in 1875 in Chicago. In addition to meatpacking, Swift sold various dairy and grocery items, including Swiftning shortening, Allsweet margarine, Brookfield butter, cheese under the Brookfield, Pauly, and Treasure Cave brands, and Peter Pan peanut butter. Swift began selling frozen turkeys under the Butterball brand in 1954. Gustavus Swift also championed the refrigerated railroad car.

Swift S-1