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Inbod to invest $1 million

Peruvian-held coffee producer Inbod Impex will invest about $1 million in expanding its existing productive lines. The company began producing coffee at the end of 2002, after having dealt only in imports for several years. "We aim to double the existing output in about two or three months, by expanding our technological line, so that the investment will reach approximately one million dollars,"…

Ziarul Financiar · 29 aprilie 2003 · 1 min de citit

Peruvian-held coffee producer Inbod Impex will invest about $1 million in expanding its existing productive lines. The company began producing coffee at the end of 2002, after having dealt only in imports for several years. “We aim to double the existing output in about two or three months, by expanding our technological line, so that the investment will reach approximately one million dollars,” general manager and majority shareholder Percy Garzon said. “Our productive capacity amounts to about 250 tonnes a month and we want to produce 400-500 tonnes.” He added the new technological line would be bought in August, so that it could become operational in September. “We have a technological problem at the moment, but as soon as we fix it, things will get better,” Garzon specified. ZF



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