Honduras: $20 Million for Wheat Processing Plant

Molsa Group is going to build a mill for processing wheat flour, beginning in 2012.

Monday, July 25, 2011

The company, which has a presence in Central America having entered the Honduran market in the flour sector, wants to expand its presence in the country.

In order to do this, it is building a flour processing plant, which will provide more competition and efficiency in the baking industry.

An article in Proceso.hn states: "Molsa of Honduras has a 15% market share in Honduran flour industry and expects to grow more when the new plant becomes operational, meeting the domestic Honduran demand and even exporting to Nicaragua.

Molsa Group is one of the leaders in the Central American region, with leading positions in Guatemala and El Salvador.

Its entry into the Honduran market is an opportunity for growth, due to the fact that the country has one of the lowest per capita consumption rates, and the local industry operates with a high cost structure. "

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