SAO PAULO, April 12 (Reuters) - Brazil's JBS,
the world's largest meat producer, will invest 150 million reais
($29.2 million) to double the slaughtering capacity at its Campo
Grande II beef plant to 4,400 cattle per day, it said in a
statement on Friday.
The announcement, which happens after the plant received in
March green light to export to China, was made during a visit of
Brazil's President Luiz Inacio Lula da Silva to the unit, which
is located in the state of Mato Grosso do Sul.
JBS said the capacity expansion should be completed within a
year, and will make Campo Grande II one of the firm's three
largest plants in the world and Latin America's largest beef
plant.
The firm added it will also double the plant's work force to
4,600 people.
($1 = 5.1355 reais)