Marfrig intends to inject R$10 million into infrastructure – Capitalist

Marfrig (MRFG3) announced in a statement that it plans to invest R$10 million in improving driver support facilities at its industrial complex located in Várzea Grande (MT).

The objective is to improve waiting and rest conditions for transport professionals who use the unit, which receives between 100 and 150 trucks per day.

The works are expected to be completed in 2024. Furthermore, the Promissão plant (SP) will also receive a similar project in the same year, as reported by Marfrig.

Marfrig (MRFG3)

The company also plans to import a model of vertical integration in the supply of cattle for the industry from the United States to Brazil. Inspired by the integration structure adopted by poultry and pork slaughterhouses, the model will be adapted for cattle operations.

This initiative is based on National Beef, an American subsidiary of Marfrig, which has cattle farmers as minority shareholders and is responsible for around 25% of the animals slaughtered by the company in the USA, through long-term supply contracts.

To cover 25% of the demand at its plants in Brazil, Marfrig plans to invest between R$2 billion and R$3 billion in the coming years, depending on the value of the cattle. The objective is to provide livestock partners with calves for fattening and bulls to genetically improve the herd.

The company

Marfrig is a Brazilian multinational company in the food sector, specifically in the production and processing of beef, pork, poultry and other food products. Founded in 1980, Marfrig is one of the largest companies in the sector in Brazil and the world.

The company operates at various stages of the production chain, from raising and fattening animals to distributing and selling final products to consumers in several countries. Marfrig is known for its global presence and the quality of its products, maintaining operations in various parts of the world, including the United States, South America, Europe and Asia.

Furthermore, the company has sought to invest in innovation and sustainability in its operations, aiming to guarantee the quality of its products and minimize the environmental impact of its activities.