Beer manufacturer, Red Stripe, plans to invest another €12 million ($1.7 billion) in the build-out of a packaging line aimed at increasing production numbers to satisfy an additional eight export markets.
Red Stripe, under its parent company Heineken, is now in talks with distributors in New Zealand, Costa Rica, Italy, Germany, Guyana, France, Russia and Mexico as the company seeks to double export volumes over the next three years.
Managing Director Ricardo Nuncio reckons that the brewing company can secure these markets by 2017 and get the new infrastructure in place by the following year.
Published in the Observer
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