Grupo Calvo plans to invest up to USD 7 bn in the next five years
Tuna processing plant in La Union. (Photo: Stock File/FIS)
(EL SALVADOR, 10/5/2015)
Calvo Group plans to invest between five and seven million dollars over the next five years to improve its production lines in its tuna processing plant in La Union, informed the transnational corporation country director, Boris Quintanilla.
The Spanish company, which has recently celebrated its 75th anniversary, has operated for more than 12 years in El Salvador, and through the division covering Europe, Central America and the Caribbean, last year it entered Colombia, where it is seeking to expand.
The processing plant in El Salvador will be the main source of supply for the Colombian market.
The group expects that the investments that had been planned for the Salvadoran plant enable them to launch new products that consumers are demanding in areas such as the European Union, El Diario de Hoy<...
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