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Currently, the plant produces 100.000 daily liters of milk, production which will be increase to 118.000 with the planned investment, including warehouse expansion and improved distribution systems.
Gilberto Moreno, the company´s milk supply manager, explained that "there will be a $ 540.000 investment to convert 50 grade C dairy producers to Grade A, which adds to the 31 farmers benefited from a similar investment last year," reported Pa-digital.com.pa.
At the press conference, Fernando Zavala, president of the company, informed the company had a 77% market share of the 2010 national milk consumption market.
Source: pa-digital.com.pa
More on this topic
March 2009
Milk producers in Aguán Valley, with the support of BANADESA and the Agriculture Secretariat are seeking to industrialize.
The web portal Laprensahn.com published: "To make this initiative a reality which would generate employment in the Aguán Valley, milk producers from this municipality have met with producers in the department of Colón as well as representatives from the Tocoa Chamber of Commerce several times to refine the details of what would be the processing plant."
August 2010
The dairy produce company will invest between $60 and $80 million in this project, according to Panama America.
Frank Tedman, head of operations for the company known for its Estrella Azul ("Blue Star") brand, told the newspaper that the factory's design and layout had been finalized and the methods chosen for processing the milk.
October 2009
Venezuela will build 2 slaughterhouses, two facilities for processing dairy products and one for food items.
The slaughterhouses will process beef and pork, and the food facility will produce corn, potato and yucca flours, detailed Rafael Paniagua, president of ALBA Nicaragua S.A. (ALBANISA).
July 2009
The Salvadorian dairy producer has invested $1.5 million over the last three years in the expansion of its facilities.
The investments made by Agroindustrias San Julian, Agrosania, in the expansion of the plant, new machines and improvements to the production process, among others, allowed the company to increase its payroll from 280 to 320 employees over the last year.