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Unilever Looks At Feasibility Of Building New Factory In Colombia

June 27, 2016: 12:00 AM EST
Unilever is considering building a new factory in Colombia. During an interview with local newspaper La Republica, Unilever Andean region chief Ignacio Hojas said a new manufacturing facility could help drive economic growth in the country. According to the executive, the site selection process is still ongoing, with Mexico being eyed as another option for the company. Unilever, which reported business growth of 4.5 percent in 2015, said it was encouraged by its double-digit growth in Colombia during the year, as well as by the prospect of lasting peace in the country.
Jared Wade, "Unilever Considering a New Factory in Colombia, a Market It Calls One of the Best Opportunities in Latin America", Finance Colombia, June 27, 2016, © Finance Colombia
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