# Algodonera del Valle invests USD 15M to expand textile plant in Catamarca, Argentina

Algodonera del Valle announced a USD 15 million investment to expand its textile plant at Parque Industrial El Pantanillo in Catamarca, Argentina. The expansion includes a new Plant 3 with state-of-the-art spinning and weaving machinery, expected to start operations in August 2022.

- Type: Expansion
- Announced: 2022-05-23
- Where: Catamarca, Argentina, Argentina
- Value: $15.0M
- Starts operating: Aug 2022
- Status: under construction
- Products: yarns, fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Algodonera del Valle](https://endata.com/companies/63011.md)

## Sources

- [ambito.com](https://www.ambito.com/economia/negocios/algodonera-del-valle-amplia-planta-textil-n5445449), 2022-05-23: "La empresa textil Algodonera del Valle, anunció una inversión de u$s15 millones para avanzar con expansión de su planta ubicada en el Parque Industrial El Pantanillo de Catamarca."

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