Marfrig
Marfrig is the second largest Brazilian food processing company, after JBS. The company is headquartered in São Paulo. The company has an operational base in 22 countries, exporting to over 100, and is the second-largest beef producer in the world.
Type | Sociedade Anônima |
---|---|
B3: MRFG3 | |
Industry | Food Processing |
Founded | May 23, 2000 |
Headquarters | , Brazil |
Key people | Marcos Antonio Molina dos Santos, (CEO) |
Products | Foods & Beverages |
Revenue | US$ 12.7 billion (2018) [1] |
US$ 360.5 million (2018) [2] | |
Number of employees | 40,200[3] |
Subsidiaries | National Beef Packing Company (51%) |
Website | www.marfrig.com |
Marfrig has about 90,000 employees and has the following structure of units: 33 units of cattle industry (24 in Brazil, five in Argentina, and four in Uruguay), 21 industrial units of chickens (14 in Brazil, four in Europe, and three in the United States), 48 plants for industrial goods and processed (16 in Brazil, five in Argentina, three in Uruguay, eight in the US, one in China, one in Thailand, one in Malaysia, one in South Korea, one in Australia, and 11 in Europe), four industrial pig units in Brazil, two industrial units of turkeys (one in Brazil and one in Europe), five plants of lamb (one in Brazil, three in Uruguay and one in Chile), 27 own factories of feed for chickens, turkeys, and pigs (21 in Brazil, three in Europe and three in the U.S.) and two trading companies (Chile and the United Kingdom), 14 industries and commercial offices for leather (one in Brazil, four in Uruguay, one in China, one in Germany, two in the U.S., one in Argentina, one in Mexico, and three in South Africa). The daily capacity is 31,200 head of cattle, 10,400 pigs, 10,400 sheep, 350,000 turkeys, and 3.7 million chickens.
In addition, the company has an installed capacity around 126,000 tons of processed products, and more than 178,500 pieces of leather processed per month. In June 2010, it announced the acquisition of Keystone Foods, a supplier of processed meats for the restaurant chain McDonald's and other companies.[4] In 2018, Marfrig sold Keystone to Tyson Foods.[5]
The company was a sponsor of the 2010 and 2014 FIFA World Cups,[6] the latter held in Marfrig's home country of Brazil.
See also
- Impact of the 2019–20 coronavirus pandemic on the meat industry in the United States
References
- "Lucro do Marfrig leva tombo de 72% em 2010 - PECUÁRIA.COM.BR". Pecuaria.com.br. Retrieved 2017-03-13.
- "Marfrig Group on the Forbes Global 2000 List". Forbes.com. Retrieved 2017-03-13.
- "Archived copy". Archived from the original on 2010-09-15. Retrieved 2011-04-20.CS1 maint: archived copy as title (link)
- globalmeatnews.com. "Tyson completes Keystone Foods acquisition". globalmeatnews.com. Retrieved 2019-04-25.
- "Marfrig CEO discusses FIFA World Cup sponsorship". fifa.com. Retrieved 14 June 2014.