Growth JBS plans $1.91 bn. Brazil investment

by Editor
Friday, December 06, 2019
Investments in Brazil are planned.
Photo: Imago Images / ZUMA Press
Investments in Brazil are planned.

JBS, the world’s largest animal protein producer, plans to invest about $1.9 bn. in Brazil over five years. The company braces for strong demand for meat products at home and abroad, Chief Executive Gilberto Tomazoni commented on the upcoming investment.

According to Tomazoni, the expected growth in protein demand should continue over the next decades, which justifies plans to increase the capacity of meat and processed products in Brazil.