ParexGroup continues to expand production capacity in Brazil
ParexGroup Brazil has officially opened its new plant in Cravinhos, on the 23rd of April 2014 with the presence of José Carlos Carrascosa Dos Santos, Mayor of Cravinhos and many customers. It is its seventh plant in Brazil.
Cravinhos plant, which has been operating since 15 November 2013, is located at Ribeirão Preto, in the State of São Paulo, the country’s economic hub which represents approximately one third of the total Brazilian market. Located 290 kms from the Itupeva plant, it is the second plant in the State of São Paulo and will allow ParexGroup to expand its market share in the region and also in the so-called “Minas Triangle”, an active and wealthy region of Minas Gerais, another major Brazilian state.