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BRF Announced On The Last Day 02 That It Will Invest In Two Factories In Mato Grosso To Modernize And Expand Production Capacity
BRF announced last Friday (07/02) that it will invest R$ 670 million in its factories located in Lucas do Rio Verde and Nova Mutum, in the state of Mato Grosso. The company, one of the largest food companies in the world, made the announcement via videoconference, informing about the investments through CEO Lorival Luz and Grazielle Parenti, global vice president of Institutional Relations, Reputation, and Sustainability of the Company, to the state governor, Mauro Mendes. See Also: BRF Will Invest R$ 643 Million To Expand Production Line And Build A New Unit In The State Of Santa Catarina
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BRF Investments In The Factories In Lucas Do Rio Verde And Nova Mutum, In The State Of Mato Grosso
In a statement released to the market, Lourival Luz, CEO of BRF, said that with this investment, the company will be able to expand the production of key lines for BRF, which cater to both the domestic market and countries to which the company exports, such as Asia, Africa, and Latin America. The CEO of BRF also stated that the company has a robust growth strategy for the next 10 years, and certainly, Mato Grosso is an important part of this journey.
According to the company, more than 200 integrated producers of BRF in the state of Mato Grosso are expected to invest R$ 1.3 billion in their structures to increase housing capacity in the coming years. Since May, announcements of BRF’s disbursements in the states total around R$ 2.3 billion. They are part of the investment plan that the company presented last December, which foresees investments of R$ 55 billion by 2030.
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Mato Grosso: Target For Investments
According to Mauro Mendes, governor of the state of Mato Grosso, like many other companies that have expanded their operations in Mato Grosso, BRF has found that the state is rich in potential. He emphasizes that he is confident that this company’s expansion will bring many benefits to the entire Mato Grosso population and appreciates the importance of BRF and its relevant role for the state.
Mauro highlighted that hundreds of companies have set up and expanded operations in the state in recent years, like BRF, as the actions taken by the current administration have created a favorable environment for entrepreneurship in Mato Grosso.
“Today we have legal security, equity in incentives, simplified environmental licensing, and reduced bureaucracy, in addition to a Government with credibility, an A rating from the National Treasury, and executing thousands of works and actions throughout the state. When the state is strong and the Government becomes strong, companies become interested in investing, and this brings jobs, income, development, and quality of life, which is the most important,” concluded the governor of Mato Grosso.
See Also: BRF Will Invest Around R$ 319 Million In A Factory To Increase Production Capacity In Minas Gerais
BRF announced on 05/19 that it will invest R$ 319 million in its factory located in Uberlândia, in the state of Minas Gerais. The company, one of the largest food companies in the world, made the announcement via videoconference, informing about the investments through CEO Lorival Luz and Grazielle Parenti, global vice president of Institutional Relations, Reputation, and Sustainability of the Company, to Governor Romeu Zema and Vice Governor Paulo Brant.
The investment will be directed towards the digital transformation of the factory in Minas Gerais and increasing the diversification of BRF’s high added-value portfolio. The investment in the state aims to expand and modernize the production of margarines, bacon, cooked sausage, and chicken. BRF expects to present a 25% increase in production volume in Uberlândia in the fourth quarter of 2021. Currently, exports of products directly from the unit in Minas Gerais total more than 31 thousand tons per year.
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