The increase in production capacity will allow Cervecería Panamá to expand its presence in the market, especially with its brand Atlas.
From a statement by Cerveceria Nacional, SA:
Cervecería Nacional, focussing on maintaining the quality of its products and continuing to contribute to the economic development of the country, has made a total investment of $90 million in the last three years and $21 million in the expansion of its plant, located in Tumba Muerto.
Due to lack of product, or because of technical or commercial deficiencies, Honduran banana farmers and are not ready to take advantage of the benefits granted them by the trade agreement with Europe.
The livestock sector feels it is at a disadvantage in competing for and meeting demand. According to Gilberto Moreno, director of the Association of Ranchers and Farmers from Sula (Agas) the beef cattle segment, "at the moment is not exporting to Europe because the paperwork is not ready."
Cervecería Nacional will invest in expanding its milk processing plant in Chiriqui.
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.
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