Perdigao's New Agro-Industrial Complex TO BUSINESS AND FOREIGN EDITORS: SAO PAULO, Brazil, Aug. 19 /PRNewswire-FirstCall/ -- In compliance with Brazilian Securities and Exchange Commission (CVM) Instruction 358 of January 3, 2002, and in accordance with its disclosure policy, Perdigao (NYSE:PDA) (BOVESPA: PRGA4) announces that it has signed a protocol of intention with the state government of Goias and the city government of Mineiros for the installation of a poultry slaughtering and processing (turkey and chester(R)) agro-industrial complex in the Municipality of Mineiros, state of Goias. The purpose of the new unit is to increase production in light of good prospects for the international market and recovery in the domestic market. This new initiative does not imply the closing of existing units currently in operation. Basic project data: -- Investments -- R$ 240 million -- Fixed -- R$ 165 million, between 2005 and 2007 -- Working Capital -- R$ 75 million. -- The integrated outgrowers are to invest R$ 270 million in the construction of 200 production modules -- Full Capacity -- 2008 -- 140,000 head of poultry/day (turkey/chester(R)) -- Processing -- 81,000 tons/year -- Additional Sales -- R$ 550 million once the project is fully implemented -- Generation of Employment: 2,000 direct and 6,000 indirect jobs For more information and full details of the press release, please access http://www.perdigao.com.br/ri/eng . DATASOURCE: Perdigao Contact: Edina Biava, Perdigao, +011-55-11-3718-5301, or Web site: http://www.perdigao.com.br/

Copyright

Perdigao (NYSE:PDA)
Historical Stock Chart
From Sep 2024 to Oct 2024 Click Here for more Perdigao Charts.
Perdigao (NYSE:PDA)
Historical Stock Chart
From Oct 2023 to Oct 2024 Click Here for more Perdigao Charts.