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Nestle Water to Build EUR 7 Million Plant in Portugal

Source: FLEXNEWS
03/07/2008

3 July, 2008 - Nestle Waters Direct has announced it will build a new plant costing EUR 7 million in Portugal as part of an ambitious, growth strategy.

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Work on the new facility in Coruche will start next with, with production beginning some time in 2009. It will have an output capacity of over 28,000 litres of water and 1,500 industrial bottles an hour.

Some 50 workers will be employed in the 4,000 sq m factory that has capacity for future expansion.

The plant will supply the Spanish and Portuguese markets.

The company said it expected annual growth of 10% until 2010. Last year the Nestle Water Direct Portugal posted EUR 15 million sales and sold 45 million litres of water.



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