The Free Press, Mankato, MN

Local News

September 13, 2010

Jack Link's purchases Mankato plant

MANKATO — Jack Link’s Beef Jerky has reached an agreement to acquire the Pioneer Snacks packaged-meat manufacturing facility in Mankato.

 The company is buying the plant from JBS S.A., the largest beef producer in the world. The plant is at 1802 1st Ave.

Terms were not disclosed.

The acquisition will enable Jack Link’s to increase production capacity. The meat snacks category has grown 4.4 percent in 2010 year to date.

“JBS’s Mankato plant is a perfect fit for our business with an experienced work force and management team,” Jack Link, chief executive officer and chairman of the board, said in a statement.

The Mankato facility, which employs 85 people, manufactures packaged meat snack products under the Pioneer snack brand and other private labels. Jack Link’s plans to retain current management and employees at the plant.

In addition to the Mankato facility acquisition, Jack Link’s announced that it has entered into a joint venture with JBS, S.A., to operate two manufacturing facilities in the state of Sao Paulo, Brazil. The joint venture will help Jack Link’s ensure an adequate supply of product to meet growing demand and at the same time provide the company with the necessary flexibility in its supply chain. With the acquisition and joint venture announcements, Jack Link’s Beef Jerky will increase from nine to 12 the number of manufacturing facilities worldwide from which it sources meat snack production.

Headquartered in Minong, Wis., Jack Link’s is the No. 1 U.S. meat snack brand and fastest-growing meat snack manufacturer worldwide.

— Tim Krohn

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