Companies / Argentina
Rising Exports And Domestic Demand Prompt Chilean Confectionery Investment
October 2011 | Company News AlertArgentine food producer Arcor has announced plans to invest US$40mn in Chile to build a new confectionery factory. The investment will be made through its Chilean sugar confectionery subsidiary Dos en Uno. Arcor revealed the facility is intended to eventually replace its plant in Santiago city centre, in an effort to increase profit margins. The facility will produce confectionery for both the domestic market and for export, underlining Chile's strong position as a hub for producing food for the wider
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