ARGENTINA: Arca Continental doubles capacity with US$40m expansion
Arca Continental is continuing with modernisation plans
Arca Continental has opened a US$40m expansion of its Argentinian plant, doubling capacity in the country.
The installation of two new lines ups the capacity at the Tucuman site to 120m unit cases a year, Latin America's second-largest Coca-Cola bottler said yesterday (9 November). An extra $50m will be spent on further modernising the plant, Arca said.
“We have increased the efficiency and sustainability of our operations in Argentina, which will advance our objective of strengthening our leadership as a total beverage company,” said Alejandro Gonzalez, director general of Arca Continental South America.
Last month, Arca posted a 41% jump in net profits, with sales increasing by 36%.
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