$12.5 Million Investment from JBS USA with Colorado State

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
76
$12.5 Million Investment from JBS USA with Colorado State University to Establish New Global Food Innovation Center

GREELEY, Colo., March 28, 2017 (GLOBE NEWSWIRE) -- Thanks to a substantial gift from one of the world’s leading global food companies, JBS® USA, Colorado State University has begun construction on the JBS Global Food Innovation Center in Honor of Gary & Kay Smith, a new $15 million facility that will advance best practices in food safety, meat sciences and animal handling and welfare.

The state-of-the-art facility will enrich CSU’s teaching and research in meat sciences, as well as offer a space for industry collaboration through continuing education and training, equipment development and testing, and a place to engage in meaningful dialogue to advance the animal agriculture industry. Students will learn about meat processing in a hands-on environment that is not currently available in existing CSU facilities. JBS has entered into a strategic partnership with Colorado State University that is currently valued at $12.5M. This unique partnership is the result of more than two years of effort and includes a $7.5M philanthropic contribution to build the JBS Global Food Innovation Center at the University and an employee educational programming investment valued at $5.0M. “We have had a long-standing research and academic partnership with JBS, and this gift will allow us to cement that relationship for years to come,” said Ajay Menon, dean of CSU’s College of Agricultural Sciences. “This facility is designed to provide our students with the hands-on experiences that will position them for careers in industry and academia, especially as they work alongside faculty members who are producing innovations in food safety, food security, and animal welfare.” “The JBS gift to Colorado State University is an investment in the future competitiveness of food and farming in the state of Colorado and across the United States,” said Wesley Batista, Global CEO of JBS. “JBS is a people-focused company, which means that empowering and creating opportunities for young people is at the heart of our culture. We envision this facility as a place that will allow the best and brightest CSU students to innovate, discover and explore as they prepare for future careers in the industry.”    Professor Emeritus Gary Smith, who, along with his late wife Kay, are honored in the naming of the building, held one of CSU’s oldest endowed chairs, the Monfort Chair, and spent more than 20 years as a professor in CSU’s Department of Animal Sciences. Smith, a world-renowned expert in meat science and food safety, is a University Distinguished Professor Emeritus and serves as a visiting professor of animal sciences and special advisor to CSU President Tony Frank. The agricultural industry has long relied on Smith’s expertise and innovations in food safety. For decades, CSU’s Meat Sciences program has played a leading role in advising industry and producing innovations that have helped ensure meat products are safe and secure. For example, the new facility will have spaces dedicated to testing packaging and developing food products, reflecting the fact that ready-to-eat foods and packaging are growing areas within the meat industry. Additionally, the new building will have a culinary kitchen and demonstration area as well as a retail meat and dairy store with a café. The facility will also include an educational space designed by CSU professor Temple Grandin, where students will learn about animal handling and welfare in a hands-on setting. Led by Grandin, a world-renowned professor of animal sciences and animal welfare expert, CSU has played a leading role in enhancements to animal handling and well-being. “Many of our most promising young team members come to JBS from Colorado State University,” said Andre Nogueira, CEO of JBS USA. “While we enjoy a global presence, the location of our North American headquarters in Greeley makes Colorado a special place for our company. The innovation and education that will take place in this new facility will help to train the next generation of dynamic food and agricultural leaders in Colorado and across the nation.” “This remarkable gift solidifies the long-standing partnership that CSU and JBS have built over the years,” said Brett Anderson, vice president for University Advancement. “It helps us create a platform to deliver the world’s leading science and education in food, food systems, and food safety. It allows CSU to continue to pursue excellence and innovation in agriculture and prepare future industry leaders.” About JBS® USA

JBS® USA is a leading global food company with operations in the U.S., Canada, Mexico and Australia. JBS USA processes and sells fresh, branded and consumer-ready beef, pork and lamb products to consumers all around the world. JBS is also a majority shareholder of Pilgrim’s Pride Corporation, the second largest poultry company in the U.S., with operations in the U.S. and Mexico. JBS USA is also the world’s largest cattle feeder and a leading producer of leather and other significant animal by-products.

JBS USA represents the North American arm of JBS® S.A., the world’s leading animal protein processor and second largest global food company, with more than 235,000 team members, more than 300 production units, and export customers in more than 150 countries.

About Colorado State University

Colorado State University, one of the nation’s top-performing public research institutes, was established in 1870 and remains inspired by its land-grant heritage and world-class faculty, staff and students. With annual research expenditures of more than $300 million, with more than 33,000 students built on multiple, consecutive years of record enrollment, including more Colorado high school graduates than any other university, and with outreach and engagement programs in every county in Colorado, we serve our state as we seek, together, to make a global difference. Alumni and friends gave nearly $200 million in gifts to CSU in 2016, shattering the record for any single campus in the state. In 2015, the Smithsonian Institution featured Fort Collins and CSU as a hub for energy innovation in an exhibit at the National Museum of American History in Washington, D.C. CSU also in 2016 became the proud academic partner of Semester at Sea.

The Department of Animal Sciences at Colorado State University is housed within the College of Agricultural Sciences and has the unique mission of serving Colorado’s large and diverse livestock industries. Research, teaching and extension outreach activities in the department focus on developing industry leaders and improving profitable production of horses and food animals through the application of science and technology, resource management and food product enhancement, with emphasis on addressing societal issues concerning food safety, product quality and value, animal care and management, and environmental impacts of animal agriculture.

Contact: Cameron Bruett Corporate Affairs 202-445-6168

Scroll down for more posts ▼

Top 10 Most Recent News Articles

AST SpaceMobile Faces Class Action Over Misstatements

Updated Category News Views 3

What's Going On with AST SpaceMobile? Kicking off with a heavy hitter here, folks. AST SpaceMobile, Inc., trading under NASDAQ:ASTS, is under a securities fraud spotlight. We're talking allegations piled higher than a morning stack of pancakes. If you picked up any ASTS shares between March 4, 2025, and July 15, 2026, you're in on this rough ride. There's a class action...

Continue Reading
AI and Storytelling Make Waves in Science Education

Updated Category News Views 5

University's Innovative Approach to Learning Alright, here's something you don't see every day. The University of Phoenix managed to snag some kudos from an academic journal for using AI and storytelling to teach environmental science. That's like hitting two bulls-eyes with one shot in the world of education. The recognition from Glacies for this Editor's Choice paper...

Continue Reading
Endurance Energy's Modular Tech Revs Up Southeast Asia

Updated Category News Views 3

Modular Solutions Steal the Show in Bangkok When a company draws 59,468 attendees from over 150 countries, folks pay attention—and that was exactly the scene at Gastech 2026 in Bangkok. The name buzzing on many lips? Endurance Energy. These guys showcased a fresh take on energy logistics with their skid-mounted liquefaction tech, turning heads with their Southeast Asia...

Continue Reading
Krispy Kreme Faces Legal Probe: Fiduciary Breach?

Updated Category News Views 3

Diving Deep into the Krispy Kreme Allegations Look, this isn't your run-of-the-mill donut drama. When you hear rumblings of corporate missteps, especially ones that involve potential breaches of fiduciary duties, it's time to perk up those ears. Over at Krispy Kreme, Inc. (NASDAQ:DNUT), there's some heat in the kitchen, and it's not just from frying those glazed beauties....

Continue Reading
Cut Winter Heating Costs with Townsend's Rebate Help

Updated Category News Views 5

Unseen Perils of Winter Heating in Massachusetts Massachusetts homeowners, listen up. If your heating system is older than the Model T, it's time to rethink your winter strategy. You don't want to be stuck in the cold when the thermometer hits single digits, do you? That's where Townsend comes in, making waves with their rebate assistance program. Navigating the Rebate...

Continue Reading
Geron Corp Faces Fiduciary Duty Investigation

Updated Category News Views 7

Spotlight on Geron's Corporate Governance: What's Happening? The heat's been turned up on Geron Corporation this week, with Halper Sadeh LLC, an investor rights law outfit, digging into whether some folks at the helm have strayed from their fiduciary duties to the shareholders. Now, if you're holding onto NASDAQ:GERN stock or thinking about diving in, it's high time to...

Continue Reading
HONA Faces Legal Heat: Investor Lawsuit Over Losses

Updated Category News Views 6

The Investor Storm Brewing Over Honeywell Aerospace There it is again, another industry heavyweight caught in a dizzying whirlwind of litigation. Honeywell Aerospace Inc. (NASDAQ:HONA), a name as established as an old boot in the business, now faces a class action lawsuit that's got investors frantically dusting off phone numbers for their attorneys. The Messy Allegations...

Continue Reading
China Southern Airlines Marks 70th Anniversary in NYC

Updated Category News Views 3

Taking Flight with Legacy and Tradition Throwing a bash on Times Square isn't just about flash; it's about letting folks know you mean business. And China Southern Airlines has been doing just that for 70 years. Imagine starting from Guangzhou and ending up splashed across New York City's giant LED screens—talk about a journey! From Humble Roots to Global Network...

Continue Reading
CVS Health Under Fire: Fiduciary Duty Breach?

Updated Category News Views 2

CVS Under Regulatory Spotlight for Fiduciary Breaches You'd think by now companies would have their fiduciary ducks in a row. But here we are, with CVS Health Corporation (NYSE: CVS) catching heat from the legal eagles over at Halper Sadeh LLC. The knife’s out for some of the big wigs – apparently, there's chatter they might’ve slipped on their duty to play nice...

Continue Reading
Jackson Wang's Fantasy IP Hits Hong Kong Stage

Updated Category News Views 5

A Star-Studded Fantasy Comes Alive Hong Kong isn't just about dim sum and skyline views—it's a magnet for celebrity showcases, and this time, Jackson Wang's pulling the strings. The guy's ventured beyond music and idol fame, diving head-first into creative visuals with his fantasy IP, "Under the Castle" (UTC). Pairing up with Ocean Park's Halloween Fest, he's cooked up...

Continue Reading

Top 5 Most Recently Viewed Articles

Mitsubishi Electric Showcases Innovations at Aerospace Expo 2024

Updated Category News Views 312

Mitsubishi Electric Corporation made waves back in 2024 with its ambitious plans for the Japan International Aerospace Exhibition (JA2024). The event took place at Tokyo Big Sight, a venue buzzing with energy, where Mitsubishi unveiled its latest advancements in aerospace technology. This wasn't just a show-and-tell; they were out to prove how their innovations could...

Continue Reading
CBRE Group Acquires Industrious to Enhance Workplace Services

Updated Category News Views 560

CBRE Group Announces Acquisition of Industrious CBRE Group, Inc. (NYSE: CBRE) has revealed an exciting new chapter as it embarks on a significant acquisition of Industrious National Management Company, LLC, a leader in flexible workplace solutions. This move promises to revolutionize how buildings operate, enhancing the utility and appeal of physical spaces. Alongside...

Continue Reading
Simply Allulose Market Growth: Insights and Innovations Ahead

Updated Category News Views 113

Simply Allulose Market Overview The global Simply Allulose market is witnessing transformative growth, currently valued at US$ 276.41 million, with expectations to reach US$ 892.50 million by 2033. This significant growth trajectory, marked by a compound annual growth rate (CAGR) of 13.91%, showcases the rising popularity of low-calorie sweeteners. Innovative Developments...

Continue Reading
Troubling Times for Intel: Stock Continues to Plummet

Updated Category News Views 74

Intel's Stock Performance Report Intel's shares have been on a downward trajectory, with recent reports highlighting an additional decline due to persistent challenges in the semiconductor sector. The situation has been exacerbated by disappointing results from Broadcom's evaluation of Intel's advanced 18A manufacturing process, leading to a decrease in confidence...

Continue Reading
Empowering Canadians in Retirement: Seminar Series by Nancy Lee

Updated Category News Views 106

Nancy Lee Launches Retirement Seminar Series for Canadians In the current financial landscape, retiring successfully presents a unique set of challenges for Canadians. Faced with market fluctuations, rising healthcare expenses, and evolving tax regulations, many individuals are concerned about their financial stability in retirement. A recent report highlighted that a...

Continue Reading