# Grupo Lusiaves to build €20M food factory in Nazaré, Portugal

Grupo Lusiaves is investing over €20 million in a new food factory in Valado dos Frades, Nazaré, Portugal. The facility will cover over 12,000 m² on a 30,000 m² site and is expected to create over 100 direct jobs.

- Type: New facility
- Announced: 2024-12-20
- Where: Valado dos Frades, Nazaré, Portugal
- Value: $21.0M (20.0M EUR)
- Jobs: 100
- Status: announced
- Capacity: 12,000 m²
- Products: food products
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Grupo Lusiaves](https://endata.com/companies/81961.md)

## Sources

- [jornaleconomico.sapo.pt](https://jornaleconomico.sapo.pt/noticias/grupo-lusiaves-investe-mais-de-20-milhoes-em-nova-fabrica-na-nazare/), 2024-12-20: "O Grupo Lusiaves anunciou o investimento de mais de 20 milhões de euros numa nova fábrica alimentar na Nazaré."

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