Brazil

JBS to invest $12 million in expansion plan

Beef

JBS announced an investment of R$45 million ($12 million) in expanding its facilities located in the cities of Iturama and Ituitaba, in Minas Gerais, in order to double the production capacities at both units.

Posted on Oct 10 ,10:54

JBS to invest $12 million in expansion plan

The company has taken this step in order to keep up with the increasing demand for beef in China. In addition, increasing the capacity will also serve the European and domestic markets.

The expansion plan involves modernizing the equipment at both plants and implementing a project to improve flows and increase output.

“We have doubled the production volume at these two units to comply with all our export certificates, but particularly because we believe China is a very strong market. When we look at total exports so far this year and compare them with last year, volumes have risen 125%”, said Renato Costa, CEO of JBS Carnes.

Following the expansion, the Company has already deployed a second shift at the two sites and will be hiring additional staff by the second quarter of next year.

JBS has been exporting beef to China since 2015 and currently has another four plants also certified to supply the Chinese market: Lins and Andradina (SP), Mozarlândia (GO) and Barra do Garças (MT).

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