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Chile: Ferrero Group Investment

The Italian Company, Agrichile, the agricultural branch of the Ferrero Group, in business in Italy for 30 years, has announced that it is to invest US Dollars 40 million in a new hazelnut processing plant in the Nuble Region, in central-southern Chile.
Construction of the new plant will begin at the end of 2021 and it will be in operation from 2023. It will be added to the plants already in place in the Maule, Nuble, and Araucania Regions, with the aim of doubling their hazelnut processing capacity in that Country.
The new plant will increase employment in the region, with 40 new permanent posts and about 100 new seasonal posts, which is a total of +10% of Agrichile’s current workforce.