JBS plans to invest $351 million in Paraná state, Brazil to up processing capacity

JBS SA, the world's largest meatpacker, announced that it will make a $351.39 million investment in Paraná state through 2025.
calendar icon 17 May 2021
clock icon 2 minute read

Reuters reports that the new investment forms part of a strategy to expand JBS' capacity in Brazil's largest poultry-producing state.

The meatpacker said in a statement it will build a new processed foods factory there and will increase capacity of its Rolândia plant by 25%.

($1 = 5.2648 reais).

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