# Fassa Bortolo invests R$35M to expand plant in Matozinhos, Brazil

Fassa Bortolo announced an investment of R$35 million to expand its factory in Matozinhos, Minas Gerais, Brazil. The plant, which started production in August 2021, is the company's first outside Europe.

- Type: Expansion
- Announced: 2023-09-08
- Where: Matozinhos, Minas Gerais, Brazil, Brazil
- Value: $7.00M (35.0M BRL)
- Status: announced
- Products: cementitious mortars, construction materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Fassa Bortolo](https://endata.com/companies/25239.md)

## Sources

- [fiemg.com.br](https://www.fiemg.com.br/noticias/fassa-bortolo-vai-investir-r-35-milhoes-para-ampliar-fabrica-na-grande-bh/), 2023-09-08: "O estado está bastante atrativo para receber novos negócios."

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