The JBS USA meatpacking plant in Greeley is investing $50 million in a distribution center that could increase the plant’s production. The expansion at the Greeley plant is part of $200 million in projects announced Tuesday by JBS,

JBS USA on Tuesday announced a $50 million expansion project at its meatpacking facility in Greeley. Goodman, 72, has put his stunning New Orleans mansion on the market for $5.5 million—just weeks after his Los Angeles abode was destroyed.

A Colorado beef production facility will undergo a multi-million dollar expansion, which will include a "state-of-the-art distribution center."

JBS said the investment will deliver "improved" efficiencies at the facilities and offer the potential for "increased production capacity" in the future.

On Tuesday, leading global beef producer JBS USA announced its plans to invest $50 million into an expansion project in Greeley, Colo.