Brazilian company JBS SA, one of the largest food companies in the world, will increase its production capacity at two of its factories to respond to demand for beef exports to China.
The plants located in the Brazilian state of Minas Gerais will receive an investment of 45 million reais (US$12 million).
The investment in both factories will make it possible to double beef production.
Renato Costa, responsible for the meat division of JBS, said that this year’s exports, when compared to 2017, already represent a 125% increase in volume.
JBS SA is a Brazilian company headquartered in Goiás, founded in 1953.
The company operates in the processing of beef, pork, sheep and chicken meat.
The company currently has more than 216,000 employees worldwide and 340 units, including factories and sales offices. (macauhub)