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:

You May Also Like

Brazil Decides to Become a Shipbuilding Power

Tuesday, February 7, witnessed the first step towards the concretization of the Technological Improvement ...

Brazil’s BNDES Loans Over US$ 8 Billion

The Brazilian Development Bank (BNDES) spent US$ 8.4 billion in loans in the first ...

Brazil Gets Record Primary Surplus in March: Over US$ 6.2 Billion

Brazil’s non-financial government sector saved US$ 6.223 billion (13.186 billion reais) in March. This was ...

Brazil Demands End to Farm Subsidies at G-3, G-4 and G-6 in London

Brazil’s Minister of Foreign Relations, Celso Amorim, has spoken at the London School of ...

Brazil’s Congress Beheads Whistleblower

The Brazilian deputy who triggered the worst crisis in the country’s Congress in the ...

News of Inflation Brings Stocks Up in Brazil

Brazilian and Latin American equities rose on optimism regarding the latest inflation-related news out ...

Brazil’s Indian Agency Invites UN to Monitor Its Actions

Taking advantage of the presence in Brazil of the UN special rapporteur for Human ...

Spain Invests US$ 74 in Brazilian Tourism

The Prime Minister of Spain, José Luiz Zapatero, disembarked yesterday in BrasÀ­lia to pay ...

Food Prices Fall in Brazil and President Rousseff Gives a Sigh of Relief

Brazilian President Dilma Rousseff has been helped in her efforts to tame inflation by ...

Brazilians, Get in Line! Interview Appointment for US Visa Takes 148 Days

Besides all the usual hassle they are already put through, Brazilians willing to travel ...