Brazilian Food Giant Sadia Beefs Up Old Plant with US$ 79 Million Investment

Sadia factory in Toledo, Paraná, Brazil Sadia's old plant in Toledo, in the southern Brazilian state of Paraná, which received investment of 173 million Brazilian reais (US$ 79 million) in restoration and expansion, started operating this month. Brazilian company Sadia is among world's leading producers of frozen food and meat-based products.

With five automated production lines, the unit is going to produce industrialized chicken products, most of which should be turned to export.

The value of investment was among the greatest promoted by Sadia last year and in 2008. The new factory covers an area of 17,200 square meters, 20% greater than that forecasted in the original project, and should have a production capacity of 70,000 tons a year, 30% greater than before.

Apart from industrialized chicken products, the unit in Toledo should also be turned to production and slaughter of pork and to production of feed. Among the items to be produced are breaded products, sausages and bacon. Investment should generate additional revenues of 400 million reais (US$ 183 million).

The unit, to generate 600 new jobs, is going to have production turned mainly to Japan, South America, Latin America, Europe and the Middle East. In the countries of the Gulf alone, which include Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Oman and Bahrain, Sadia has a 25% share of the meat and meat product market.

Apart from Paraná, the Brazilian company has another four factories located in the city of Dois Vizinhos, Francisco Beltrão, Paranaguá and Ponta Grossa. When adding other projects implemented by the company over the year, the Toledo unit received a total of 206 million Brazilian reais (US$ 94 million) in investment.

Anba

Tags:

You May Also Like

70% of New Companies Fail in Brazil

Between 2000 and 2006 726,600 companies were established each year, in average, in Brazil. ...

When the Muzzle Was King

Over a period of 10 years, starting December 13, 1968, Brazil lived under AI-5 ...

Got a Sex Disease? Use Brazil Governments’s Virtual Card to Tell Your Partner

Courtesy of Brazil's government, Brazilians with a sexual transmitted disease (STD) will now be ...

In Brazil, the Carnaval Seems to Be Over. Next Stop: Hangover

Carnaval in the historic Brazilian city of Olinda is a non-stop, noisy affair that ...

Wal-Mart to Open 28 New Units in Brazil This Year

The Wal-Mart Brazil supermarket chain will invest 400 million reais (US$ 203.8 million) in ...

WTO Ministers in Brazil Agree to Talk. But They Don’t Know When

World Trade ministers meeting in Brazil have agreed that talks on a global pact ...

Brazil Ready to Impose Trade Barriers on Argentina

Brazil considers the introduction of trade safeguards to address Mercosur members’ “asymmetries,” particularly with ...

Brazil’s Mining Co. Vale Seems to Have Bought Overpriced Rio Tinto

Brazilian mining company Vale do Rio Doce may have paid too much for its ...

Brazil’s New President Wants to Work Closer with the US than Lula

During US president Barack Obama visit to Brazil in March Brazilian president Dilma Rousseff ...

Hardline Brazil Hints It Might Cave In on Its Honduras Position

Honduras's president elect Porfirio (Pepe) Lobo struck a conciliatory tone the day after being ...