Lactalis Invests $50m in Brazil

This is a Uberlândia news story, published by Yahoo Finance, that relates primarily to Lactalis news.

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Brazilian dairy business Tirol

GlobalData

•

World

Lactalis ploughs more investment into Brazil to boost cheese, butter output

Summary

Nutrition label

81% Informative

Lactalis is allocating 46.2 m ($ 50 m) for its dairy manufacturing facility in the city of Uberlândia .

The French dairy giant already earmarked the equivalent of around $42 m for the same state in November across seven plants, in a project stretching through 2026 .

The latest investment round will include a new manufacturing facility for the local semi-hard cheese variety prato.

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Informative language

Neutral language

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formal

Language

English

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not offensive

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not hateful