Lactalis invests 313 million reais ($55.3 million) in Paraná, Brazil, to enhance dairy production and strengthen its leadership in the local milk chain. This investment includes a new UHT milk line and expanded yogurt production at existing facilities. Over the past decade, the company has reinvested significantly in the local industry and continues to expand in South America, including acquisitions in Uruguay.
Lactalis is investing 313 million reais ($55.3 million) to enhance its dairy production facilities in Paraná, Brazil. This investment celebrates a decade of Lactalis’s presence in South America and aims to strengthen its leadership role in the country’s dairy industry. The new funding will establish a UHT milk production line at the Londrina facility and expand the Carambeí plant to increase the production of yogurts, fermented milk, dairy beverages, and desserts.
The investment agreement with the Paraná state government was formalized on March 18, during a ceremony in Curitiba that included Governor Ratinho Júnior and Lactalis’s Brazil CEO, Roosevelt Junior. Over the past ten years, Lactalis has invested more than 710 million reais in the Paraná region, showcasing its commitment to local operations. The company operates three plants in Paraná: the largest in Carambeí, which provides 830 jobs, followed by the Londrina and Pato Branco facilities, employing 280 and 36 workers, respectively.
Inquiries have been made regarding whether the new investment will generate additional jobs and the strategic reasons for this latest financial commitment. This investment follows a previous 250 million reais expansion plan in Minas Gerais, announced last November, aimed at updating seven factories in that region. Lactalis also runs logistics units in Contagem and an administrative office in Belo Horizonte, collectively employing 3,654 individuals.
Moreover, Lactalis announced a 100 million reais investment in March for five plants in the Rio Grande do Sul region, including Teutônia and Ijuí. Founded in 1933 and headquartered in Laval, France, Lactalis encompasses well-known brands such as Batavo, Président, and Elegê. The company is also pursuing expansion opportunities in South America, including a recent plan to acquire Granja Pocha in Uruguay, known for its Colonial brand of cheese and yogurt products produced in Juan Lacaze.
Lactalis’s recent 313 million reais investment in Brazil’s dairy industry reflects its sustained commitment and growth strategy in South America. With plans to increase production capacity at key facilities, the move solidifies its role in the local milk chain while demonstrating a trend of expansion through strategic investments in various regions, including recent activities in Minas Gerais and Rio Grande do Sul.
Original Source: www.just-food.com