JBS Invests $100 Million in New Plants in Vietnam

Reported 3 days ago

Brazilian meatpacker JBS S/A has announced a $100 million investment to establish two new plants in Vietnam, focusing on the production of beef, pork, and poultry. This investment comes after Vietnam agreed to start importing Brazilian meat during President Luiz Inacio Lula da Silva's state visit. The plants will primarily use raw materials from Brazil and aim to serve the Vietnamese market and other Southeast Asian countries, creating 500 jobs in the region.

Source: YAHOO

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