Brazil’s Shoe Factory to Invest US$ 11 Million

The shoes factory Calçados Beira Rio, from the southernmost Brazilian state of Rio Grande do Sul, is going to invest US$ 11.13 million in its industrial park in the next six years. The president of the company, Roberto Argenta, signed last week a protocol of intentions for investments with state’s government. The investment is likely to generate 260 jobs.

Beira Rio exports 8% of their production. It has industrial plants in the cities of Roca Sales, Taquara, Igrejinha, Osório and Novo Hamburgo, as well a partnership with the company Eva Sinos, in the city of Sapiranga. The company employs 3,700 workers in its six units and produces 1.8 million pairs of shoes per month.

The resources will be invested in the modernization of the equipment and the increase of the factories’ installations. The information is from the communications advisory of the government of the state of Rio Grande do Sul.

Anba

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