# Canpack to build R$710M aluminum can plant in Poços de Caldas, Brazil

Canpack signed a letter of intent to build a new beverage can plant in the Poços de Caldas industrial district, Minas Gerais, with R$710 million investment and 140 direct jobs within two years. The plant will have initial capacity of about 1.3 billion cans per year, with construction expected to start in early 2025.

- Type: New facility
- Announced: 2024-12-02
- Where: Poços de Caldas, Minas Gerais, Brazil
- Value: $130.0M (710.0M BRL)
- Jobs: 140
- Status: announced
- Capacity: approximately 1.3 billion cans per year
- Products: aluminum beverage cans
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Canpack](https://endata.com/companies/2376.md)
- [Giorgi Global Holdings](https://endata.com/companies/5926.md) (investor)

## Sources

- [pocosdecaldas.mg.gov.br](https://pocosdecaldas.mg.gov.br/noticias/prefeito-anuncia-instalacao-da-canpack-em-2025/), 2024-12-04: "com investimentos na ordem de R$ 710 milhões e geração de 140 empregos diretos em até dois anos"
- [cimm.com.br](https://www.cimm.com.br/portal/noticia/exibir_noticia/25827-canpack-investe-710-milhoes-nova-fabrica-em-mg-obras-previstas-2025), 2024-12-16: "a unidade representa um investimento de R$ 710 milhões"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.