Marfrig to build new poultry plant worth US$84.8 million

Brazilian meat company Marfrig plans to build a new poultry slaughterhouse in Mato Grosso state for BRL150 million (US$84.8 million), according to reports.

Seara Alimentos Ltd., controlled by Marfrig, signed a letter of intent with Mato Grosso's government to build the plant in Jaciara with the capacity to slaughter 200,000 birds per day.

The company is currently assessing possible sites for the slaughterhouse. Marfrig has invested some BRL5 billion in acquiring 37 companies in three years to give a presence in 13 countries.

The acquisition in January of Seara, a local poultry, pork and consumer food company, was part of Marfrig's diversification into poultry and pork from beef production.