Perdigao's New Agro-Industrial Complex
August 19 2004 - 2:07PM
PR Newswire (US)
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/
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