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The Investment By Cargill Aims To Expand Factory Production By 70%
Cargill is a private American multinational company engaged in food production and processing. The company recently announced that it plans to invest R$ 50 million by the end of 2024 to expand production by 70% at its factory in Porto Ferreira, in the interior of São Paulo. At this unit, chocolates for industry, food service, and the artisanal market have been produced since 2007.
With the expansion of its production, Cargill will be able to meet the growing demand from the industrial sector and promote a larger market share of the company in the chocolate market. According to the newspaper Valor, the American multinational did not disclose the current or future production capacity of the factory, nor its market share.
The Factory Purchased From Nestlé Is The Only One In South America That Produces Ready-To-Use Chocolate
Cargill also produces Liza oil, Pomarola tomato sauce, and Elefante extract, and has factories spread across Brazil for the production of ten lines of food. However, the Porto Ferreira factory, which was purchased from Nestlé in 2005, is the only one in South America that produces ready-to-use chocolate and chocolate coatings for various food processes.
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Cargill’s chocolate factory operates 24 hours a day, seven days a week, even though it does not make direct sales to end consumers and does not plan to enter this market. All this work is necessary to meet the growing demand from industries and the artisanal sector, which has increased significantly since October due to Easter.
New Partnerships And Investments Are Also Being Made In Cocoa Production
New areas will be built at Cargill’s São Paulo factory to nearly double its production capacity. Additionally, there will be the purchase of domestic and imported equipment and the hiring of new employees to join the current total of 150 at the unit.
“We are not going to replace machinery but rather add new machines and create new lines,” says food engineer Ludmila Roseira, leader of the chocolate and coating categories at Cargill.
In addition to the investment in the factory, Cargill has also made a unique partnership with Climate Foodtech Belterra, which involves cocoa production in agroforestry systems (SAF) in the Amazon region of Mato Grosso. The project will start next week, and R$ 33 million will be invested to initially implement 1,000 hectares of plantations with 1 million cocoa trees and forest species.
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