Simplot Argentina invested USD 140 million in Mendoza

The project involved an investment of US $ 140 million and the objective is for 2020 to invoice US $ 120 million, of which US $ 100 million will come from the export, since between 70% and 80% of the produced will be sold to nine countries of the region.

The processing plant, which will be built on a 100-hectare site on the international corridor in Lujan de Cuyo (National Route 7), will produce frozen pre-fried potatoes and mashed potatoes. The company estimates a turnover of USD1.8bn, of which 70% (aprox. USD77m) will be achieved from exports to various countries in South America, mainly Brazil, Uruguay and Chile. 400 people will be employed directly and 2,000 indirectly.

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