2/3/09

Jose R. Lindley sticking to investment guns

Corporacion Jose R. Lindley will invest US$50mil in 2009 despite the current economic climate, spending on expanding production lines, packaging and cold storage, explains the Peruvian group├ó€™s general director, Johnny Lindley. Preliminary talks regarding credit are going well, says Lindley, the family member currently at the reins of the drinks group.

The main project for the corporation in 2009 is that of constructing a glass-blowing plant (also featuring plastic-bottle production) in Santa Rosa, Trujillo, at a cost of US$40mil. Said plant could become operative in 2010. The group has plants in Chiclayo, Sullana (Piura), Iquitos (Loreto), Trujillo (La Libertad), Cusco, Ica, Arequipa and Lima (Cercado, Callao, San Juan de Lurigancho and Rimac) as well as a distribution centre in Jauja (Junin).

Publication: SABI - Business News
Provider: South American Business Information
January 29, 2009

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