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IDB Invest approved a financing package of up to $60 million for Interpack S.A., a Grupo HZ company, to build and equip a new corrugated cardboard packaging plant in Pilar, Buenos Aires Province. The package includes a senior loan and a B loan.
Argentina's government granted Tubos Trans Electric industrial promotion benefits for an investment of ARS 8,419,109 in machinery at its Córdoba plant, which makes motors, generators and transformers.