BRAZIL: Campari builds spirits factory
By just-drinks.com editorial team | 30 September 2008
Italian drinks group Campari has begun building a new factory to produce spirits brands in Brazil.
Campari confirmed to just-drinks today (30 September) that it had begun work on the new factory, to be based in Recife in the northeast of Brazil.
Plans for the project were initially flagged up in the Italian firm's half-year results in August, in which it reported a planned EUR23m (US$33m) capital investment to cover both expansion in Brazil and the Glen Grant Scotch whisky distillery.
The Brazilian plant, which will have an annual capacity of 50m litres, is expected to begin operating from October 2009.
According to the Italian newswire, Ansa, the facility will mainly produce Campari, Old Eight whisky and Dreher brands.
Campari's sales in Brazil fell 11.7% for the six months ended 30 June 2008, despite being boosted by a favourable exchange rate.
Sectors: Spirits
Companies: Campari
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