# Norton invests 1.9 billion pesos to double sparkling wine output in Mendoza

Mendoza winery Norton announced a 1.9 billion peso investment to build a new industrial hall that will double its sparkling wine production from 2 to 4 million bottles per year. The project is supported by BICE and the Argentine CreAr credit program.

- Type: Expansion
- Announced: 2023-10-30
- Where: Mendoza, Argentina
- Value: $5.40M (1.90B ARS)
- Status: announced
- Capacity: 4 million bottles per year
- Products: sparkling wine

## Companies

- [Norton](https://endata.com/companies/11166.md)
- [BICE](https://endata.com/companies/11167.md) (investor)

## Sources

- [losandes.com.ar](https://www.losandes.com.ar/economia/bodega-mendocina-invierte-1900-millones-y-apuesta-por-los-espumantes), 2023-10-30: "La reconocida bodega mendocina, Norton, ha anunciado una significativa inversión de 1.900 millones de pesos"

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