Texas Gov. Greg Abbott announced today that business cooperative Producer Owned Beef LLC (POB) will create a new beef processing plant in Amarillo. The plant, which will be the only such facility in the nation to be owned by cattle producers and operated by beef processing industry veterans, will harvest 3,000 cattle per day and sell beef and beef byproducts both in and out of Texas.
The project will create more than 1,500 new jobs, generate $670 million in capital investment and have an estimated annual payroll of $120…
