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

2006 Brazilian GDP Downgraded to 2.74%

The latest release from the Brazilian Central Bank, based on private sector estimates, downgraded ...

Sugar, Paper and Leather Lead Brazil’s 8.2% Hike in Agribusiness Exports

Brazil earned US$ 13.2 billion with exports of agricultural and livestock products between January ...

Brazilian Indian Chidren Get Vitamin A in Effort to Reduce Infant Mortality

Brazil’s National Health Foundation (Funasa) will begin giving some 10,000 Indian children in Xavantes ...

Brazil’s Lula Praises Chavez But Tells Him He Is Free to Leave Mercosur

Brazilian President Luiz Inácio Lula da Silva said he was looking forward to talk ...

Brazil’s Embraer Sells 50 Jets to US’s Republic Airways for US$ 2.1 Bi

Brazilian aircraft manufacturer Embraer said on Wednesday it has reached an agreement to sell ...

Bar Association Wants 10 Brasília’s Assemblymen Ousted

This past December 16, the Federal District Legislative Assembly, which like other legislative bodies ...

Shocks and Burning Part of Hazing in Brazilian Army

The army in Brazil has launched an investigation after images of soldiers being beaten ...

Brazil Papaya on Its Way to the U.S.

The producers from the northeastern Brazilian state of Bahia will start exporting, between September ...

Best Showing in 14 Years: UN Estimates Put Brazil Growth at 6% in 2008

Latin America's largest economy, that of Brazil, will likely end 2008 with an expansion ...

200 Days of Censorship on Brazil’s Leading Newspaper

Brazilian daily O Estado de S. Paulo and its website Estadão are approaching the ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`