Managua, Nicaragua; December 17, 2015
Cargill Nicaragua inaugurated a new storage and food distribution center, which adds over US$140 million the company has invested in the country during the last 15 years. Additionally, the company announced that it will invest an additional US$100 million over the next three years.
The new investment will begin in a few weeks with the expansion of the company’s processing plant that also includes a production farm for laying of eggs and a plant for developing balanced food for shrimp. Cargill´s President for Central America, Xavier Vargas Montealegre, detailed that these are three of the main investments the company will perform in 2016 and that are part of the US$500 million the company plans to invest in the region over the next five years.