Global aerosol dispensing firm LINDAL Group held a groundbreaking ceremony to mark the beginning of construction for its $25 million (€23.1 million) facility in Brazil. The project represents the company’s largest investment to date.
The ceremony, which took place on Tuesday 4 February, was attended by the Mayor of Jundiaí, Luiz Fernando Machado, and Lindal representatives including CEO Francois-Xavier Gilbert, CFO Manfred Schnor and managing director of Lindal Brazil, Moacir Camargo.
Lindal has had a presence in Brazil for over 20 years and has continuously outgrown its facilities during this time. Once complete, the new facility will cover 12,500 square metres (m2) with an extension option of around 5,000m2. The $25 million (€23.1 million) investment covers the building, land, construction work and the facility’s new state-of-the-art equipment. The new facility is expected to open at the end of 2020.
“This is the biggest investment Lindal Group has made in its 60-year history,” said Francois-Xavier Gilbert,” we thank the city of Jundiaí and the team of the municipal administration for supporting us. This new investment represents the belief we have in Brazil’s growth potential and the future opportunities that holds.”
Manfred Schnor added: “We constantly invest in new technology to allow manufacturing plants to be as competitive and high quality as possible, and this is what we are committed to doing in Brazil with the new facility.”
Mayor Luiz Fernando Machado welcomed Lindal’s new project, stating that it will “add a lot to the economic development of the municipality”. He said: “I usually say that the best way to distribute income is to create jobs, so we are grateful to be part of this story.”
According to the Brazilian Aerosol Association, aerosol consumption in the country has grown since 2007, reaching 1.2 billion units in 2017. The association’s figures also show that 75% of aerosols in the Brazilian market are produced in the country, an increase of 5% on the previous year.