With R$ 55 Billion to Invest Over the Next 10 Years, BRF, Owner of Perdigão and Sadia, Considers New Factory

Written by Fabio Lucas Carvalho

Published on 12/04/2021 at 18:54

(foto: BRF/Divulgação)

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One Of The Most Important Food Companies In The World Has A Huge Plan For Growth In Brazil

BRF, the company that owns the giants Sadia and Perdigão, is seriously considering the possibility of building another factory in Minas Gerais, continuing the company’s massive expansion project. It is already one of the largest in the world in its segment, but intends to grow even more with these new investments over the next decade.

BRF Analyzes New Factory In Uberlândia, Minas Gerais

Lorival Luiz, global director of BRF, gave an interview to Estado de Minas, where he spoke about the company’s plans for the future. He highlighted that they are studying the possibility of investing in a second industrial complex in Minas Gerais. Additionally, the expansion of the factory in Uberlândia, in the Triângulo Mineiro, is also being analyzed: ”The expansion of the units we have in Minas is on the table”.

He noted that the definition of the manufacturing units undergoes a careful analysis of various aspects such as infrastructure, market, and logistics. BRF has a destruction center in BH and Uberlândia: ”It may be viable for one of these pet food units or meat substitute units to happen in Minas”. The company invested heavily in the Uberlândia unit, allowing it to reactivate the local margarine unit.

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BRF announced at the end of last year the company’s growth plan for the next 10 years. By 2030, the company intends to invest about 55 billion to expand the company’s growth. The idea is to jump from an annual revenue of R$ 33 billion to about R$ 100 billion per year in revenue.

A problem that BRF had to overcome last year was Covid. Since the pandemic broke out in the country, the company has removed at-risk employees and hired around 10,000 people in temporary contracts. This year, about 3,000 positions were opened. Lourival emphasizes that they believed the pandemic would be over by the end of last year: ‘We all thought that. Now, we understand that we will not have a 2021 as we expected, but this does not change our vision and the long-term ambition of the company or the investments in Minas”.

With R$ 55 Billion to Invest Over the Next 10 Years, BRF, Owner of Perdigão and Sadia, Considers New Factory

One Of The Most Important Food Companies In The World Has A Huge Plan For Growth In Brazil

BRF Analyzes New Factory In Uberlândia, Minas Gerais

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