Market research
AmBev is looking to invest US$12m in its Uruguayan operations. The brewer is looking to increase its production in the country.
AmBev has put aside almost $5m to expand and modernise its Uruguayan brewer Cerveceria y Malteria Paysandu (Cympay), 380km from the capital Montevideo. The company will also invest $4.7m in the purchase of barley for beer production.
Modernisation work at Cympay will begin within the next two weeks and will create about 130 jobs. Following the expansion, barley production at the plant will increase to 130,000 tonnes from the current 95,000 tonnes.
Sectors: Beer & cider
Companies: Anheuser-Busch InBev
