$ 1.2 Million Investment in Panama Dairy Plant

Cervecería Nacional will invest in expanding its milk processing plant in Chiriqui.

Friday, March 11, 2011

Currently, the plant produces 100.000 daily liters of milk, production which will be increase to 118.000 with the planned investment, including warehouse expansion and improved distribution systems.

Gilberto Moreno, the company´s milk supply manager, explained that "there will be a $ 540.000 investment to convert 50 grade C dairy producers to Grade A, which adds to the 31 farmers benefited from a similar investment last year," reported Pa-digital.com.pa.

At the press conference, Fernando Zavala, president of the company, informed the company had a 77% market share of the 2010 national milk consumption market.

More on this topic

Nicaragua: Lala Dairy Plant Opens

May 2015

The new plant belonging to the Mexican dairy company Lala has capacity to process 300,000 liters of milk per day and will change the Central American dairy market.

Javier Chamorro, Executive Director of the investment promotion agency, told Confidencial.com.ni that "... That means that the production that Lala uses to enter the entire into the Central American market will come from Nicaragua.

Panama: Dairy Market Concentration Approved

May 2013

The Defence of Competition Authority has endorsed the sale of Planta Nevada to the Costa Rican company Dos Pinos.

From a press release issued by Cerveceria Nacional SA:

On Tuesday, May 7 ACODECO, The Defence of Competition (or Antitrust) Authority formally communicated through DNLC-Resolution # 012-13 OGC- the approval of the sale of Planta Nevada, producing milk, juices, and soft drinks, belonging to Refrescos Nacionales S.A. a subsidiary of Cervecería Nacional, to Cooperativa de Productores de Leche Dos Pinos R.L.

Panama: Milk Plant Sold for $86 million

January 2013

SABMiller has announced the sale of the Nevada plant, owned by its subsidiary Cervecería Nacional, to Dos Pinos de Costa Rica.

Statements from Cervecería Nacional executives indicate that the Panamanian company wants to focus its business in the sector of beers, sodas and bottled water.

Honduran Dairy Farmers Have a Project for Their Own Dairy Farm

March 2009

Milk producers in Aguán Valley, with the support of BANADESA and the Agriculture Secretariat are seeking to industrialize.

The web portal Laprensahn.com published: "To make this initiative a reality which would generate employment in the Aguán Valley, milk producers from this municipality have met with producers in the department of Colón as well as representatives from the Tocoa Chamber of Commerce several times to refine the details of what would be the processing plant."

 close (x)

Receive more news about Agroindustry

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Citrus Extract

CitroBio is a citrus extract wash for use throughout the entire food industry.
CitroBio is a citrus wash for sprouts, fruits,...

Stock Indexes

(Jul 27)
Dow Jones
0.12%
S&P 500
-0.49%
Nasdaq
-0.84%

Commodities

(Jul 27)
Brent Crude Oil
51.640
Coffee "C"
139.5
Gold
1,259
Silver
16.565