Brazil’s JBS to take a position $351 mln to broaden capability in Paraná state

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Brazil’s JBS to take a position $351 mln to broaden capability in Paraná state


SAO PAULO, Could 14 (Reuters)Brazil’s JBS SA JBSS3.SA stated it should make investments 1.85 billion reais ($351.39 million) in Paraná state by means of 2025, because it seeks to broaden its capability in Brazil’s largest poultry producing state.

The meatpacker stated in a press release it should construct a brand new processed meals manufacturing facility there and can enhance capability of its Rolândia plant by 25%.

($1 = 5.2648 reais)

(Reporting by Nayara Figueiredo Writing Ana Mano Enhancing by Chris Reese)

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