Multinational Mexican bakery company Grupo Bimbo will invest $20.1 million to boost production at the Argentinian plant of San Fernando to supply neighbouring countries.
Four new lines will be added to the existing lines of white and wholegrain bread products to produce pre-cooked frozen baguettes.
“Since 1995, we have been betting on this great province, where our first factory was installed in the province of Pilar. In this way, we continue to strengthen our presence on Buenos Aires soil,” said Diego Bustos, general manager at Bimbo.
According to sources, at the moment Bimbo exports to Chile and it is hoping to add other markets as Uruguay and Paraguay.
Grupo Bimbo Argentina acquired San Fernando facility in 2006 and two and a half years after, the production has duplicated, and the number of employees ramped up by 30%.
Source: Bakery and Snacks