JBS will invest $3 billion to expand production in Brazil by 2026

Earlier this month, jbs' parent company , J&F Investimentos, announced a significant investment of BRL 38 billion ($7.5 billion ) in Brazil by 2026, of which BRL 3 billion ($594.4 million) is earmarked for J.B.S. Tomazoni has now disclosed an additional BRL 12 billion ($2.4 billion), bringing total investment in Brazil to BRL 15 billion by 2026.

JBS's planned dual listing on the Sao Paulo and New York stock exchanges will encourage additional investment in Brazil, a company executive said. Earlier in July, JBS announced that the dual listing strategy will accelerate diversification, delivering growth in branded and value-added food products while reducing capital costs.

The expansion of the Rolandia industrial complex in Paraná is in line with JBS's strategic goal of strengthening its position in the production of high value-added products. Wesley Batista, a shareholder and former CEO of JBS, highlighted the company's significant presence in Brazil, which employs 180,000 people and ranks as the country's largest employer.