Sustainable Beef, LLC. has commenced construction of a $325 million packing plant located in North Platte, NE. scheduled to commence operation in 2024. The project that evidently will process 1,500 head per day involves a partnership with Walmart as a major customer for product.
David Briggs, CEO stated, "we set out on a journey two years ago to create a new beef processing plant to add some capacity to the industry and provide an opportunity for producers to integrate their business of raising quality cattle with the beef processing portion of the industry and do it in a sustainable manner".
Shareholders in the enterprise include Nebraska ranchers who wish to become independent of the "Big Four". The state of Nebraska has contributed $20 million to the project using American Rescue Act funding.