JBS, the world’s largest producer of beef and poultry, is investing $100M into two cultivated meat projects in Spain and Brazil. This investment will provide a new facility in Spain and Brazil’s first Food and Protein Biotechnology R&D Center which will open this year. JBS is the world’s second largest pork producer and has over 170 locations in 7 countries. These additional resources are aimed to reduce costs of cultivated meat and increase its profitability commercially.
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Image Credit: Markus Spiske