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Article: Maggi invests US$256,000 in ag plane.
- Article from:
- South American Business Information
- Article date:
- December 5, 2003
CopyrightCOPYRIGHT 2003 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Brazil, Dec 5, 2003 (Gazeta Mercantil/SABI via COMTEX)
The Brazilian group Agropecuaria Maggi (owned by Grupo Andre Maggi) has received the 7th ag plane Ipanema model manufactured by Neiva (subsidiary of Embraer in Botucatu - Sao Paulo). The US$256,000 investment in the equipment is part of the company' soy production expansion project, by 50,000 mtpy. The group, considered the world' largest soy producer with 116,0000 ha area, has recently acquired a 82,000 ha farm. The company negotiates a total of 2.3mil m tons of ...
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