By Brazil Stock Guide – JBS SA (JBSS3.SA) will invest $70 million over the next two years to expand its poultry production in Paraguay, the company said Thursday. The announcement came during a visit by Paraguayan President Santiago Peña to Seara’s facility in Dourados, Brazil.
The first phase of the investment began with the acquisition of Pollos Amanecer, which operates a processing plant in Doctor Juan Eulogio Estigarribia, also known as Campo 9, in Caaguazú. After modernization and expansion works, the facility will be able to process 100,000 chickens per day, supplying the domestic market and targeting new export opportunities.
The production hub will include 28 genetic breeding farms, hatcheries and a feed mill. Currently, the plant operates with 19 poultry houses, but the plan is to expand to 139 once the project is complete.
“Paraguay offers favorable conditions for poultry development, and this investment reinforces our strategy of boosting competitiveness and diversifying the company,” said JBS Global CEO Gilberto Tomazoni. He added that the expansion will accelerate Paraguay’s entry into the global poultry market.
Seara’s expansion strategy also includes investments from integrated local poultry farmers. The factory’s location in one of Paraguay’s largest agricultural regions provides access to abundant grain supplies and is within 200 kilometers of Asunción, Ciudad del Este and Luque.
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