UPDATE: 11:35 A.M.
KANSAS CITY, Mo. â€“ An agreement has been reached to sell National Beef Packing Companyâ€™s Brawley, Calif., beef slaughter and processing facility to One World Beef, LLC. Specific terms of the sale were not disclosed.
â€œWe are very pleased by the prospect of One World Beef purchasing the Brawley facility,â€ said
Tim Klein, chief executive officer, National Beef.
In January 2014, National Beef announced plans to close its Brawley, Calif., beef processing facility citing a declining supply of fed cattle. Approximately 1,300 employees were affected by the closing, which occurred last May.
â€œClosing the facility last year was a very difficult decision for us to make because of the impact on our employees and suppliers,â€ Klein said. â€œA successful transaction would bring a significant number of jobs, economic activity and a local source for beef processing back to the Imperial Valley.â€
The transaction is contingent upon the satisfactory completion of due diligence, regulatory approvals and closing conditions customary for a transaction of this type. Terms of the sale were not disclosed.
Board of Supervisor Chairman, Ryan Kelley, who represents the district with the closed plant said, “This is a very good day for Brawley, the county, and the beef industry.”
“I am happy to hear the cattle industry will have an option to market their cattle locally. Plus the employment opportunity helps the city and the county,” Kelley said.
The ad hoc committee, composed of Kelley, Brawley officials, IID directors, and local cattlemen, first formed when National Beef told the community of their plans to close the plant, will be available to have a conversation with the new buyers.
“Now we want to have a conversation with the new operator. We have the old incentive package that had been offered to National Beef, and we have offered it to other potential buyers. All that was a year ago. Any package would have to approved by the different boards, so we would like to have this conversation again,” Kelley added.
“I am excited to learn of the sale of the beef packing in Brawley. I know there is a lot of work to be done before the plant is operational but this is a positive stop in the right direction to bringing the needed job to Brawley and the entire Imperial Valley. As the Chairperson of the Assembly Committee on Jobs, Economic Development and Economy, I stand ready to help.” said Assembly Eduardo Garcia
Based in Buena Park, Calif., One World Beef is a meat sales and marketing agent, distributing beef products to some of the finest restaurants, chefs and purveyors across the globe. The company values establishing close and transparent relationships with its partner brands.
â€œWe have a long history of leadership and serving as a partner in the regionâ€™s cattle feeding and beef processing industries. My family was involved in the original development of the Brawley facility and we supplied cattle to the facility since it opened in 2001,â€ said Eric Brandt, president, One World Beef.Â â€œWe look forward to deepening our partnership with the community by creating jobs and opportunities for local, independent ranchers to process and market their products.â€
The goal is to begin operations in the fourth quarter of 2015. Brandt Company is independently owned and operated from One World Beef and has no plans to change relationships with processing and packing partners. For more information on One World Beef, visitÂ Oneworldbeef.com