The purpose is to extend feedstock manufacturing
28 December 2023
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Brazilian meatpacker JBS on Wednesday introduced investments of 570 million reais ($118 million) in 3 new feedstock factories to deal with rising call for from its Seara processed meals unit, Reuters reported, bringing up a commentary.
The purpose is to extend JBS’ feedstock manufacturing capability by way of greater than 1 million metric lots in Brazil, the place Seara made contemporary investments to boost manufacturing of beef and hen merchandise.
The factories will come on-line early subsequent 12 months, the corporate mentioned.
The brand new feed devices shall be in-built southern Brazil, in Parana, Santa Catarina and Rio Grande do Sul states.
Seberi, in Rio Grande do Sul, will value 230 million reais and can obtain essentially the most funding, the corporate mentioned.
Greater than 300 jobs shall be created when the factories get started working, JBS mentioned.
($1 = 4.8338 reais)