Crucianelli to invest $5B ARS to expand seeder plant in Armstrong, Argentina

Crucianelli announced a total investment of over ARS 5,000 million (ARS 5 billion) to increase production capacity by 30% to 1,400 seeders per year and add 20% more jobs at its plant in Armstrong, Santa Fe. The investment includes ARS 3,000 million in loans from BICE and is expected to be operational in Q1 2025.

“Con estos desembolsos, el plan es aumentar 30% la producción, para pasar de 1.100 a 1.400 sembradoras anuales”infocampo.com.ar

• 1 source
• infocampo.com.arEl ambicioso plan de una fábrica de sembradoras argentina: quiere ser una de las 5 más grandes del mundo | InfocampoSol DeviaDec 20, 2024

Summarized from public sources; check the original articles before acting on it.