Brazilian meat producer to invest $15.86 M to modernize its facilities
Grupo Supremo Carnes, headquartered in Ibirité, in the Central region of Minas Gerais, wants to install deboning systems in some of its cattle slaughtering units located in Campo Belo, in the Central-West region, and Abaeté, Central region.
The group also announced that part of the investment will be directed towards improving its Carlos Chagas plant in the Mucuri Valley, where it already holds a deboning system for cattle.
The Brazilian company estimates that after modernizing the plants its meat production will increase by 35-40%, which will allow it to gain also an increase in market share.
"Our project is medium to long term and we will invest R $ 60 million. Our expectation is to increase 35-40% beef production and expand our operations in the national markets - mainly in Minas Gerais - and international markets, " Sandro Silva de Oliveira Júnior, CEO of Grupo Supremo Carnes, explained.
BeefPoint reports that currently 70% of the company's beef production is destined for the Brazilian market, while 30% is exported to around 30 countries. The main importers of its meat are countries from the Middle East and Southeast Asia.
By modernizing its plants, the group expects to meet the more demanding export requirements from markets such as the European Union and the United States, where it plans to sell part of its beef in the future.
Photo Source: Wikimedia Commons/Thomas Bjørkan
Any trade measures to try to reduce beef imports would hit China's largest suppliers, Brazil, Arg...
This measure, in his opinion, does not at all reflect the important advances that the Spanish liv...
Soren Skou was elected chairman, and Daniel O. Pedersen and Ulrik Bremholm were elected to the tw...
