JBS, Tyson Reduce Beef Operations

The world’s largest meatpacker, JBS, is closing a beef processing facility outside Los Angeles. The company says its Swift Beef Company plant in Riverside, California, will shut down on February 2, eliminating 374 jobs. The facility processes beef for grocery stores, but does not slaughter cattle. Industry analysts say the closure comes amid tighter beef processing capacity across the U.S. Nearly a month ago,  Tyson Foods announced it was ending operations at a Nebraska plant and reducing shifts at a Texas facility.