Galletera del Norte, part of Grupo Salomon, is close to completing a US$5mil expansion of its plant in Ate-Vitarte. The Peruvian biscuit-manufacturer's installations are growing by 25% to meet with growing demand and a raft of new launches (over ten a year).
Leandro Mariategui, general director of Galletera del Norte, states that the firm will be looking to enter new markets and to consolidate its presence in southern Peru (Arequipa, Puno and Cusco). The firm reached out to Chile early this year and is also present in Ecuador now. The company has invested US$2.5mil in doubling its pannetoni production too.
Publication: SABI - Business News
Provider: South American Business Information
Date: October 30, 2008
10/31/08
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