Business
JAM | Apr 15, 2026

Jamaica Broilers Group selling its American processing plant in South Carolina

/ Our Today

administrator
Reading Time: 2 minutes
Jamaica Broilers Group’s headquarters in McCook’s Pen, St Catherine. (Photo: Jamaica Broilers Group)

Durrant Pate / Contributor

Jamaica Broilers Group (JBG) has entered into an agreement to sell its American Best Dressed Chicken Processing Plant located in South Carolina.

The sale of plant located at 262 Speigner Road in the township of Ward, follows a strategic review of the JBG’s U.S. Operations in light of sustained operational challenges and market conditions that have impacted performance in the broiler meat segment. The plant was acquired from Gentry’s Poultry Company in September 2019 and was rebranded to operate under the Best Dressed Chicken brand, serving the U.S. market. 

No information has been provided about the planned buyers of the facility or the time frame for the deal to close but it comes amid pressure due to rising market prices and production costs, resulting in a net loss for that segment, while the company focuses on improving operational efficiency. 

Christopher Levy, Group President and CEO, Jamaica Broilers Group Limited (left) and Angus Young, CEO of NCB Capital Markets Limited (NCBCM) and Executive Vice President, Corporate and Investment Banking at National Commercial Bank Jamaica Limited

It is understood that the sale is predicated on shoring up JBG’s accounts, which were hit with a multi-billion fraud discovered in its US operations in 2025. The J$46 billion accounting irregularities were uncovered by JBG’s management, resulting in the displacement of its long-standing auditors, PricewaterhouseCoopers with Ernst & Young.

As part of the company’s restructuring from the multi-billion fraud, NCB Financial Group two months ago provided a J$15.1 billion financing package to stabilize operations. The deal includes J$6.4 billion in loans and $8.7 billion in bonds, aimed at supporting JBG’s restructuring, strengthening local operations, and correcting overseas accounting irregularities.

Comments

What To Read Next