December 24, 2007

Brazil's Big Frango to invest US$28 million in slaughterhouse
 

Brazilian poultry company Big Frango and local farming cooperative Coagru plan to invest 50 million Brazilian reals (US$28 million) to build a slaughterhouse in the southern state of Parana, financial newspaper Valor Economico reported on Friday (December 21, 2007).

The facility will have the capacity to slaughter 160,000 birds a day during its first two years and 500,000 birds by 2012, reported Valor.

The facility should start operations in 2009, the newspaper reported.

Big Frango and Coagru will establish a joint venture called BFC Alimentos S.A. to run the plant. Coagru will supply feedstock such as soy and corn.

Big Frango in September invested US$251 million in a slaughterhouse in Mato Grosso state.

Brazil is the world's leading chicken exporter.