Brazilian-based company, JBS SA, announced Oct. 5 that it is investing approximately 45 million real ($12 million) to expand plants in the cities of Iturama and Ituiutaba, and will double the productive capacity of the two units.
The company statement said the investments are focused on serving the Chinese market, one of the main export centers for Brazilian beef. The reforms include modernization of equipment and implementation of the project that allows a better flow to increase production.
“We doubled the volume of production in these two plants to meet all export certifications, but mainly because we believe in the strength of the Chinese market. When we compare the accumulated exported this year with the same period of last year, we had a 125 percent increase in volume,” said Renato Costa, president of JBS Carnes.
The expansion of production capacity will also serve the European and domestic markets. Due to the expansion, the company has already started a second shift of work in the units and, until the second quarter of next year, will open new jobs in both cities.
