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Brazilian packaging maker Grupo Penha began a modernisation and expansion project in 2024 at its Itapira headquarters, with a total investment of about R$200 million, including a new corrugator and die-cutting machine from Mitsubishi Heavy Industries.
“Representing a total investment of approximately R$200m (€34m), the comprehensive project involved expanding the physical factory infrastructure at their Itapira headquarters.”thepackagingportal.com
Summarized from public sources; check the original articles before acting on it.