GFM Network News


(JBSsa.com)

JBS aims to shed Alberta feedlot in divestment plan

Sao Paulo/Chicago | Reuters — Brazilian meatpacker JBS SA revealed a major divestment plan Tuesday, putting its Alberta cattle feeding assets and others on the block to cut debt after a corruption scandal raised concerns about its financing costs. JBS, whose controlling shareholder recently agreed to pay a massive leniency fine after becoming embroiled in […] Read more

(JBSsa.com)

JBS says Pilgrim’s Pride stake not for sale

Chicago | Reuters — Brazilian meat packer JBS SA’s core U.S. assets, including its majority stake in Pilgrim’s Pride Corp., are not for sale, the company said on Wednesday, a day after announcing a deal to sell Argentine operations. U.S. chicken company Pilgrim’s Pride is critical to JBS’ long-term strategy of pursuing business opportunities that […] Read more


(JBSsa.com)

JBS brothers test dealmaking skills in Brazil plea deal showdown

Sao Paulo/Washington | Reuters — The brothers whose deft dealmaking helped build JBS SA into the world’s No. 1 meat processor are testing that talent like never before as they seek a leniency deal with prosecutors after admitting to paying millions of dollars in bribes to Brazilian politicians. JBS and its controlling shareholder J+F Investimentos, […] Read more

Many of the wooden corrals, gateposts, and log homes in the foothills west of Calgary were supplied by 
Brooks Sawmill near Cochrane. The family business has been in operation for nearly 100 years.

Family sawmill a link to the pioneer days of Alberta

Reading Time: 2 minutes It’s well known that the Leonardo DiCaprio movie “The Revenant” was filmed in southern Alberta. What’s not is that a lot of building materials used to create the West of 1820s came from the Brooks Sawmill near Cochrane. The film is one of several westerns the sawmill has supplied among its highly eclectic client list. […] Read more