New $670 million beef processing facility in Amarillo

On Wednesday The City of Amarillo along with Governor Greg Abbott announced Producer Owned Beef will create a new beef processing plant in Amarillo.

The plant will harvest 3,000 cattle per day and sell beef and beef byproducts both in and out of Texas.

The new facility allows Texas cattle producers to access the value chain and keep hundreds of millions of dollars in the state.

The project will create more than 1,500 new jobs and generate $670 million in capital investment.

The Amarillo City Council approved $11.1 million in tax incentives for Producer Owned Beef, LLC in May, that includes 610 acres from the Amarillo Economic Development Corporation.

Greg Abbott says this facility will be the future of the city and will be operated by beef processing veterans.

The new plant will be located on Jack Rabbit Road (Spur 228) between I-40 and US Highway 287.

Crews will break ground in early 2023 and the plant should be completed by the end of 2025.

 

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