Proluxsa invests in expanding plant in Panama
Productos Lux, S.A. (Proluxsa) reported that it will carry out an expansion of its factory with an investment worth $700 million.
Monday, August 25, 2008
Proluxsa exports for the first semester of this year have grown 18% compared to the same period in 2007. And even though foreign sales represent 20% of the total, Rosmer Jurado, company manager for trade, pointed out that there are products for which the percent of foreign sales are higher than those for the local market.
Tobacco leaf producers will still export to Europe and America, while the industry will decline at the same pace as the contraction of the domestic market.
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