JBS, the world’s largest meatpacker, has made a significant comeback following years of scandal and legal challenges. Once fined billions for corruption, the company is now publicly traded on the New York Stock Exchange, a move some analysts credit to the pro-business policies of former President Donald Trump. The firm’s resurgence highlights the complex interplay between corporate interests and political influence in global markets.
The company, which operates in multiple countries including Brazil and the United States, has faced numerous investigations and fines over the years. Despite these challenges, JBS has managed to secure a listing on the NYSE, a move that underscores its strategic importance in the global food supply chain. Analysts suggest that the Trump administration’s more lenient approach to corporate regulation and its focus on fostering business deals may have played a role in the company’s revival.
In addition to its market success, JBS has also been expanding its operations globally. The company has recently opened new facilities in several countries, including Montenegro, where it has established a major production hub. These expansions are seen as part of a broader strategy to increase market share and diversify its supply chain. However, the company continues to face scrutiny over its past corruption scandals, with ongoing investigations into potential illegal activities.