$5 Million for Milk Processing Plant
Costa Rican Cooperative Dos Pinos and Panamanian Cooleche, will install a new plant in the Chiriquí Province, Panama.
Friday, July 24, 2009
The new plant will process quality milk at very high temperatures, allowing its conservation for a period of six to eight months.
The Defence of Competition Authority has endorsed the sale of Planta Nevada to the Costa Rican company Dos Pinos.
The transaction, which was carried out in 2015, was not announced at the time in Costa Rica, where high production costs have prompted several companies to move their operations to Nicaragua.
The Dos Pinos Costa Rican dairy cooperative is negotiating the purchase of a plant in Nicaragua and is working on setting up another one in the Dominican Republic.
The Costa Rican dairy cooperative Dos Pinos has opened in San Carlos a drying plant to make milk powder with capacity to process up to 40,000 liters per hour.
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