JBS S.A. announced plans to invest just over $61 million in the first stage to reopen and expand its beef processing plant in Mato Grosso, Brazil to make it one of the largest in Latin America.
The plant has been inoperable since a fire damaged the facility in June. According to JBS, the plant located in Brazil’s central cattle-producing region will process 3,600 head per day once the expansion is completed. The plant will initially slaughter 600 head per day.
“With the completion of the restoration and expansion works of the unit, scheduled for January 2024, JBS will generate 1,600 new jobs in the region,” said Gilberto Xando, CEO of the JBS Brazil business unit.
