Rising Exports And Domestic Demand Prompt Chilean Confectionery Investment

摘要

Argentine food producer Arcor has announced plans to investnUS$40mn in Chile to build a new confectionery factory. The investmentnwill be made through its Chilean confectionery subsidiary Dosnen Uno. Arcor revealed the facility is intended to eventually replacenits plant in Santiago city centre, in an effort to increase profit margins.nThe facility will produce confectionery for both the domesticnmarket and for export, underlining Chile’s strong position as a hubnfor producing food for the wider region.