Brazil: Ambev to invest R$60 million in Corona lager production
Brazilian beverage producer Ambev has announced an investment in order to increase production capacity for its Corona lager brand in Rio de Janiero state. According to sources, the new production line started operating on the 24th June at Ambev’s plant in Campo Grande. The investment of R$61 million ($10.8 million) will cater to increased demand […]
Brazil: Baldoni to open jam facility
Leading Brazilian honey producer Baldoni has announced it is investing R$5 million ($923,000) in a plant to manufacture jams and preserves as it looks to diversify beyond its core category. The firm reportedly entered the new segment last September with the launch of jams sweetened with honey instead of sugar. Presently the range is being […]
Mexico: Mission Foods to further expand production capacity
Mission Foods, a subsidiary of bakery firm Gruma, has announced plans to spend M$792 million ($46.3 million) over the next five years to build a new plant in Puebla and expand its existing Huejotzingo plant that makes tortilla, toast and fried food. The company said the investment would meet increasing demand in Mexico’s Central, Bajio, […]
Brazil: Emmi Group to acquire a majority stake in Verde Campo
Leading Swiss dairy company Emmi has announced the acquisition of a majority shareholding in Verde Campo, a Brazilian maker of yoghurt, milk drinks and other dairy products from soft drinks major Coca-Cola via its Brazilian subsidiary Laticinios Porto Alegre. Verde Campo is described as a “pioneer in protein” and is claimed to be particularly popular […]
Brazil: Tirolez opens new plant
Brazilian dairy firm Tirolez has announced the opening of a new manufacturing plant in Santa Catarina, Brazil. According to sources, the company invested R$150 million ($30.1 million) in the manufacturing unit in Caxambu do Sul, with the aim of expanding production capacity and strengthening its product portfolio. The unit will have the capacity to process […]
Brazil: Dia to close 343 stores
Spanish retailer Dia has announced plans to close 343 stores and three warehouses in Brazil as part of a strategic review of its business in the country, according to an ESM report. The closures would affect more than half of the roughly 600 stores Dia operates in the country. In a statement, the company said […]
Brazil: Unilever invests in mayonnaise production
Consumer goods giant Unilever has announced an investment of R$80 million ($16.2 million) to expand production of Hellmann’s mayonnaise at its factory in Pouso Alegre, in Brazil’s Minas Gerais state. Established in 1974, the Pouso Alegre facility manufactures over 200 SKUs including Hellmann’s mayonnaise and Knorr stock cubes, and has around 800 employees. According to […]
Brazil: Coca-Cola invests $800 million in logistics, manufacturing
US non-alcoholic drinks giant Coca-Cola has announced plans to invest R$4 billion ($809 million) to strengthen its operations in Brazil in 2024. According to sources, the investment will be used to modernise and expand the company’s manufacturing structure and logistics network, in addition to deepening its relationship with small and medium-sized retailers through an enhanced […]
Chile: Vina Concha y Toro expands in spirits with Malpaso acquisition
Leading Chilean wine firm Vina Concha y Toro has announced the acquisition of Malpaso, a key producer of the fermented grape-juice spirit pisco, as it seeks to bolster its presence in the premium spirits category. In a press release, the company said it had been distributing Malpaso for 15 years, and noted the brand had […]
Brazil: Fruki opens new bottling plant
Brazilian beverage firm Fruki Bebidas has announced the opening of a new plant in Paverama, in the southern state of Rio Grande do Sul. According to sources, the Paverama plant was the result of a R$178 million ($35.7 million) investment and combines high technology with sustainability. The facility is claimed to have capacity to produce […]