SAO PAULO, Nov 6 (Reuters) - Dutch brewer Heineken
on Thursday opened a new brewery in the Brazilian
state of Minas Gerais, in one of the largest investments from
the beverage sector in the country, as the facility will focus
on premium beer production.
WHY IT'S IMPORTANT
The new plant represents the firm's strategic push to
strengthen its leadership in Brazil's growing premium and
pure-malt beer segments, where its Heineken and Amstel brands
are market leaders.
The investment also comes as Brazilian consumers
increasingly opt for higher-quality beer products.
BY THE NUMBERS
The new brewery required an investment of 2.5 billion reais
($462.63 million), and is one of several investments the group
has made in Brazil over the past six years, totaling 6 billion
reais.
The facility has an initial production capacity of 5 million
hectoliters per year, which could be doubled soon. It also spans
an area equivalent to 140 soccer fields.
The operation now employs 350 workers, with 70% of the
workforce coming from Passos and surrounding areas.
KEY QUOTES
"Brazil is a dynamic market with demanding consumers
passionate about beer. The new unit reinforces our confidence in
the country and in the growth of the premium and pure-malt
segment," Mauricio Giamellaro, head of Heineken's Brazil unit,
said in a statement.
CONTEXT
The Passos facility is Heineken's first greenfield project -
built from scratch - in Brazil and the company's 14th brewing
operation in the country. The strategic location in southern
Minas Gerais state aims to improve distribution efficiency to
the Southeast region, Brazil's main consumption center.
($1 = 5.4039 reais)