Tyson Fresh Meats – the beef and pork subsidiary of Tyson Foods – and Jacob Stern & Sons have launched a new joint venture company called JST Global, which will serve the global fats & oils market.
Jacob Stern & Sons is one of the largest processors of animal fats in the US, and is one of Tyson’s biggest customers for animal by-products from the meat producer’s production sites. Tyson Fresh Meats operates six beef plants and six pork plants in the US.
Following an initial transition period, the marketing of all animal fats generated by Tyson Fresh Meats will be conducted by JST Global. Jay Van Valen, the former president of Jacob Stern & Sons’ Texas division, will serve as the CEO of JST Global.
According to a statement from Tyson, fats and oils derived from animal by-products can be used in a wide variety of applications from animal nutrition to pharmaceuticals and biofuels.
Steve Stouffer, group president of Tyson Fresh Meats, said: “We maximise the value of every animal we harvest so that no part of the animal goes to waste.
“Responsibly processing fats and oils are a key part of our business and our commitment to sustainability. This joint venture gives us the opportunity to continue to value-up our beef and pork production, enabling us to innovate in new untapped markets while continuing to work directly with existing animal fat customers and the emerging renewable energy market.”
Phil Bernstein, chairman of Jacob Stern & Sons, added: “Jacob Stern and Tyson Fresh Meats have enjoyed a strong relationship for over 50 years.
“Combining Tyson’s vast supply of animal fats with Jacob Stern’s Texas operations is a natural evolution and positions JST Global to meet growing worldwide demand.”
By Martin White
Source: Food Bev
The facility is designed to foster innovation and deepen collaboration with customers, by offering a range of new services and solidifying its role as a central hub for customer support. Tereos’ team, supported by a network of 50 scientists, will ensure customers can innovate and meet the rising consumer demand for healthier and more sustainable products.
Glanbia has agreed to acquire Flavor Producers from Aroma Holding for an initial consideration of $300 million. Flavor Producers is a US-based flavour platform, providing flavours and extracts to the F&B industries, with a focus on organic and natural ingredients.
Lesnard, who previously worked at Nike, The North Face and Sephora, has a mission to “grow and sustain GODIVA’s position and expertise in the premium chocolate category, leveraging ongoing support from pladis to take GODIVA and its legendary chocolate to new heights.”
