Verallia invests €60 million in Jacutinga, Brazil plant expansion
Verallia will more than double the glass packaging production capacity at its Jacutinga, Minas Gerais, Brazil plant with a €60 million investment in a plant expansion. The world’s third largest food and beverages glass packaging producer said the investment will include a second furnace which will increase capacity from 1 million to 2.3 million bottles a day. The expansion is aimed to meet the increased demand in the beer and alcoholic segments with amber and green bottles. The production will primarily serve the domestic segment and be completed in 2023.
Quintin Testa, South America General Director, said: “Increasing our productive capacity was already in the plans. Verallia is a very solid company in Brazil and globally, which invests over the long term. “We waited for the right moment, even considering the market conditions and contracts with our customers.” Read the full article at: www.glass-international.com