GT Foods wants to be among the ten largest poultry farmers in Brazil
With planned investments in hatcheries and coops, GT Foods plans to become one of the largest poultry companies in Brazil. It is currently ranked twelfth in Brazil. In Paraná state, the largest poultry producing state in Brazil, it is ranked sixth, producing 5% of the state’s output.
The group expects to gross R$ 1 billion this year, with growth of 20% on profits earned in 2011. The investment committed to the physical structure of the business is R$ 50 million, with support from National Bank for Economic and Social Development, BNDES.