Brazil-JBS now masters of the universe.

BRAZIL-JBS IN THE DRIVERS SEAT.

After deciding to take on 5,000 more staff and to increase their cattle kill by 10%, any normal company would sit back and feel self satisfied.

Theis is notthe case down at JBS.Friboi where they do not comprehend rest as they all came up from the kill floor into important managerial positions..

Brazilian meatpacker JBS SA (JBSS3.BR) is willing to

assess partnerships with meatpackers facing financial difficulties in Brazil,


reported local newspaper valor Economico Thursday.

"We are open to listening to proposals from meatpackers that would fit into

our strategy and our philosophy," Valor reported JBS’s Jose Batista Junior as

saying.

JBS was unavailable for further comment.


The announcement came after local meatpacker Independencia Alimentos Ltda,

Brazil’s fifth-largest beef company, this week filed for protection from

creditors due to a sharp drop in beef demand from Russia and insufficient

access to credit.

JBS said recently that it is planning to increase output and hire up to 5,000

workers despite the problems faced by competitors.


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