By Brazil Stock Guide – MBRF (MRFG3 BZ) said on Friday (27) it will invest more than 1 billion reais ($200 million) in Brazil’s Paraná state, aiming to expand production capacity and strengthen its export footprint as global demand for protein continues to rise.
The investment plan focuses on scaling processed food lines, increasing industrial capacity and adapting facilities to meet export requirements. The company is also seeking to diversify its portfolio and reinforce its network of integrated producers, aligning operations with shifting consumer preferences.
Among the projects, MBRF will add a new production shift for turkey processing in Francisco Beltrão and upgrade the facility to enable exports of turkey breast to Europe. In Ponta Grossa, the company will expand pizza and lasagna production lines, while in Toledo it plans to increase breaded product capacity and boost shipments of chicken feet to China. The company is also expanding its gelatin and collagen operations in the state.
Chairman Marcos Molina said the strategy reflects structural changes in global consumption patterns. “MBRF’s growth strategy is fully aligned with the continued increase in global demand for proteins. There is growth in exports and improved domestic consumption driven mainly by changes in consumer habits and the use of weight-loss drugs,” he said.
Paraná remains a key hub for MBRF, which operates seven facilities in the state producing poultry, pork, processed foods, turkey, margarine and pet food, with exports reaching around 70 countries.
Part of the funding, totaling 375 million reais, was structured through the Paraná Agricultural Investment Fund (FIDC Paraná), aimed at strengthening the poultry and pork supply chain. Of that amount, 300 million reais came from the company and 75 million reais from state subsidies.
MBRF has also secured incentives under the Paraná Competitivo program, including 300 million reais in ICMS tax credits and a potential additional 700 million reais in future benefits.
Chief Financial and Investor Relations Officer José Ignacio Scoseria said the investment enhances the company’s competitive position. “These investments strengthen MBRF’s production capacity and make the company more competitive to keep up with the structural growth in market demand. We are advancing in value creation and consolidating MBRF as one of the global leaders in the food sector,” he said.