Panama: Industrias Lácteas to Construct Dairy Factory
The dairy produce company will invest between $60 and $80 million in this project, according to Panama America.
Tuesday, August 31, 2010
Frank Tedman, head of operations for the company known for its Estrella Azul ("Blue Star") brand, told the newspaper that the factory's design and layout had been finalized and the methods chosen for processing the milk.
The Mexican company has acquired a dairy production plant in Alajuela and through an agreement with Florida Bebidas will produce and market its products in the country.
Nicaraguan health authorities have restricted access to products elaborated by the Costa Rican company Dos Pinos and two other companies for failing to obtain health certification for their processing plants.
Costa Rican Cooperative Dos Pinos and Panamanian Cooleche, will install a new plant in the Chiriquí Province, Panama.
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.
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