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August 1, 2024
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San Miguel Industries will invest 50 million dollars

San Miguel Industries will invest 50 million dollars

In the framework of the celebration of its 19 years installed in the Dominican Republic, Industries San Miguel (ISM) will expand its production capacity with a investment of 50 million dollars in its plant located in Santiago Rodríguez.

Arthur Moroccangeneral manager of the ISM Group, chaired a breakfast meeting at which the expansion was announced, which will allow them to increase their annual production to 87 million liters, representing an increase of 15% compared to their current capacity.

At the meeting, executives from the non-alcoholic beverage factory Royal Kola, Cool HeavenFrutop and Generade, highlighted the leadership they have achieved for almost two decades in the country, and their commitment to greater positioning in the Dominican market.

Arthur Moroccan He indicated that with the investmentwhich will represent 15% of its production, will generate more than 400 additional jobs, “directly benefiting the local economy“.

He highlighted that ISM currently has a workforce of 3,200 employees direct and more than 11,000 indirect jobs, of which 97% are Dominicans.

This growth strategic will strengthen the company’s ability to meet growing market demand and improve its regional competitiveness. The Peruvian company highlighted the investment of 103 million pesos that it has made, in alliance with Edenorte, to bring electricity 24 hours a day to rural areas of the border. Also, with 15 million pesos, it promoted the creation of the Caimito School, in Santiago Rodríguez.

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