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Tonicorp opens its new plant
Posted On 29 Jun 2017
Ecuadornews:
Despite the fact that its operations began in January, the new Tonicorp plant was officially opened. Over an area of 178 thousand square meters, located at via a La Aurora, these facilities operate. The presence of President Lenin Moreno is expected at the event, to be held today at 16:00.
Its director general Jorge Medina Ycaza comments that the total investment of the project was $ 96.7 million.
This began in 2014 with the purchase of Toni Dairy Industries, Heladosa, Plásticos Ecuatorianos, Dipor, Cosedone, and Fabacorpsa, which form the Holding Tonicorp.
The value was mostly financed ($ 90 million) with a loan from the International Finance Corporation (IFC), a member of the World Bank Group.
“The project was born with the aim of becoming a benchmark, with a plant that meets the quality standards, expand our production capacity and consumption with a view to importing our products to other countries,” Medina said, who added that they also seek to grow the per capita consumption of dairy products in Ecuador in the next 5 years. (I)
Source: http://www.eluniverso.com/noticias/2017/06/29/nota/6254113/tonicorp-inaugura-su-nueva-planta
