BRF to invest in Argentina

BRF to invest in Argentina

BRF has outlined plans to further expand production in Argentina, a country the Brazilian meat processor plans to use as one of its two main export bases.

The company plans to invest US$292m in 2016 on both projects this year. Part of this investment has already been spent on the acquisition of local businesses Campo Austral in December and Alimentos Calchaquí last month.

However, during the year BRF plans to inaugurate a hamburger production line in its San Jorge plant in Santa Fe province and expand its poultry production at a site further west in Rio Cuarto in Córdoba. 

BRF will also increase its ham, sausages and mortadella production in Baradero, and open new export markets for its pork by-products manufactured at sites in Pilar and Florencio Varela in Buenos Aires province.

The group already owns nine production units across Argentina. It manufactures and commercializes brands such as Paty and Good Mark hamburgers, as well as Vienissima sausages, Sadia cool cuts and frozen meats and Danica mayonnaise and margarines.

"We are convinced the road for the upcoming years is to further develop the Mercosur, free trade of goods and services inside the group and with other commercial partners. This way we attempt to consolidate an exporting platform from Argentina and Brazil to the rest of the world," CEO Pedro Faria said.