British Firm Invests US$ 36 Million to Produce Quality Meat in Brazil

Company Frigo Class Alimentos is going to open an industrial plant and cattle slaughter unit in the city of São Gabriel, in the interior of the southernmost Brazilian state of Rio Grande do Sul.

The British company has already purchased a meat packing plant in the city of Promissão, in the interior of the southeastern Brazilian state of São Paulo, and now intends to invest R$ 80 million (US$ 36 million) in this new project, as disclosed by a spokesperson for the government of the state of Rio Grande do Sul.

The industrial plant will be ready in one year and is going to produce stewed beef for export. The capacity will be 300 to 400 tons of cooked beef a week.

After the factory, a slaughterhouse will be built, and it will also take one year to go into operation. At the site, around 1,000 heads of cattle will be slaughtered per day.

The investors intend to produce quality meats. "Brazil is currently seen as a producer of great volumes of beef at cheap prices. I believe that we may also compete with the countries that are of quality reference," stated the president of Frigo Class, Sérgio Figueiredo, when announcing the investment.

The company also promises to establish a club of suppliers, whose members would be recognized for their fidelity.

Frigo Class belongs to the British Terry Johnson. He is also the owner of group Kroonenburg Projecten, which produces cattle beef in Australia and Argentina.

Johnson sold his operations in Europe, also in the meat packing business, to operate in countries that have large herds. In Australia, that company slaughters 600 animals a day and in Argentina another 800 are slaughtered daily.

The state of Rio Grande do Sul, where the new Frigo Class units will be installed, has received various new slaughterhouses over the last four years. Among them slaughterhouse Mercosul, in the city of Alegrete, Alibem, in Santa Rosa, and Centro Sul, in Dom Pedrito.

Anba – www.anba.com.br

Tags:

Ads

You May Also Like

Brazilian group JBS Friboi

Brazil’s JBS Buys US’s Swift and Becomes World’s Largest Meat Packer

The Brazilian group JBS, which is the leading beef exporter of Latinamerica announced the ...

With Santander’s IPO Brazil Is Eldorado All Over Again

Spanish banking giant Santander's Brazilian unit has raised 14.1 billion reais, approximately 8.1 billion ...

An American Temptation: US$ 600 Round Trip from Anywhere in the US to Brazil

US company American Airlines announced that it is offering a round-trip ticket to Brazil ...

200 People Feared Killed Under Mudslide in Niterói, Rio de Janeiro

200 people may have been killed in a landslide in a Rio de Janeiro ...

Monsanto Submits to Brazil a Better Insect-Resistant Soybean

US-based Monsanto Company announced it has completed regulatory submission in Brazil for its insect-protected ...

Just in Case Brazil Gives Economy a US$ 164 Billion Vaccine

Brazil has already injected an estimated US$ 164 billion, mostly into banks and corporations, ...

European Dairy Gives Way to Brazilian Goods in Middle East

Dairy product exports from Brazil to the countries in the League of Arab States ...

Brazil's First Mass, 1861, by Victor Meirelles

Assault Is Brazil’s Legacy. It Started with the “Discovery.”

Brazil’s first assault was committed on April 22, 1500, by a Portuguese nobleman in ...

17 Years After Its Birth Mercosur, in Brazil, Looks for Ways to Integrate

About 200 businessmen, government representatives and groups involved with the Mercosur will meet on ...

At 7.5%, Brazil’s 2004 Inflation Worse than Expected

The last Focus Bulletin market survey conducted by Brazil’s Central Bank (BC) in 2004 ...