JBS invests $301 million to upgrade meat plants in Brazil
Meat packing giant JBS SA will invest $301 million (1.7 billion reais) between 2021 and 2023 to update seven meat processing plants in Southern Brazil.
20 April 2021
3 minute read
By: Reuters reports that seven JBS plants in Rio Grande do Sul will be upgraded.
Wesley Filho, the head of the company's South America division, made the announcement in a videoconference alongside Rio Grande do Sul Governor Eduardo Leite and other state politicians and officials.
The upgrades at the plants are designed to meet both domestic and foreign demand.
($1 = 5.65 reais)
