Friboi will invest R$ 800 million to triple the production capacity of the unit
JBS announced this Saturday, June 17, an investment that will triple the production capacity of its Friboi unit in Diamantino, in the state of de Mato Grosso. The injection of R$ 800 million in recovering and modernizing the plant will create at least 1,400 local jobs, as well as maintaining the current ones. The unit’s work force will double to 2,800 employees. JBS is currently responsible for creating over 9,500 direct jobs in Mato Grosso. The figure will be close to 11,000.
The investment was announced this Saturday (17) by the CEO of JBS in Brazil , Gilberto Xandó, and by the president of Friboi, Renato Costa, during a meeting with local authorities and the Minister for Agricultura and Livestock Farming , Carlos Fávaro, who was visiting the unit where production was interrupted following the fire that affected part of the facilities on the 11th of June. Also at the meeting were Wesley and Joesley Batista of the J&F Group, the holding company that controls JBS.
“Mato Grosso is an extremely important region for JBS and Friboi. This investment in Diamantino reflects our commitment to continue supporting and investing in the state”, said Joesley. “With this investment, we will have the largest Friboi unit in the country. It is a demonstration of how strategic the region is for us”, said Wesley. “We are excited about the prospect of expanding our local presence, and we hope to further strengthen the livestock farming sector of Mato Grosso, contributing to its economic development”, pointed out Xandó.
Besides announcing the investment in expansion, Xandó and Costa also revealed that JBS will secure the jobs of around 1,400 employees of the unit during the reconstruction period of the facilities affected. The recovery and expansion work is expected to be completed by the end of this year, allowing local operations to resume. “By combining efforts, we are going to transform a difficult time into new opportunities for Mato Grosso and for Brazil’s agribusiness sector”, added Minister Fávaro.