Mexican Soft-Drink Bottler Arca Continental Boosts Argentina Production
MEXICO CITY--Mexican soft-drink bottler Arca Continental SAB (AC.MX, EMBVY) said Thursday it plans to install two new production lines at its Tucuman, Argentina plant that should double its production capacity in that country. In a first stage of investment the company is spending $40 million to upgrade the facility, while injecting an additional $50 million into the operation over the next five years.
The capital infusion will double the plant's production capacity, to 120 million unit cases per year. The company said one of the new lines in Argentina will be among the largest and fastest in Latin America, with the capability to process 60 thousand glass bottles per hour.
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