After seven years, JBS returns to Paraguay with a US$ 70 million investment

Seven years after exiting the country, the Brazilian multinational JBS is resuming operations in Paraguay with an ambitious poultry expansion plan.

The company announced the acquisition of Pollos Amanecer, an agribusiness located in the department of Caaguazú, marking its return to the Paraguayan market after selling its beef plants to Minerva Foods in 2017. JBS will invest US$ 70 million to modernize and expand the processing facility, which will reach a capacity of 100,000 birds per day.

The project includes the installation of 28 genetic farms, hatcheries, and a feed plant, expanding from 19 to 139 poultry houses. Initially, production will supply the domestic market, with plans for future exports.

The announcement was made during President Santiago Peña’s visit to Seara’s mega-factory in Dourados, Brazil. The company emphasized that the operation will boost Paraguay’s economic development and job creation while strengthening JBS’s position in the global poultry market.

Source: The AgriBiz