Alltech is constructing a Latin America algae production plant on the same premises as Alltech Sao Pedro. This US$63 million
investment in Brazil will generate more than 200 direct and indirect jobs, and it
will increase Alltech’s Latin America production by 58%, according to the company.
company’s experience with its first algae manufacturing plant in Kentucky has
been a great success, and this is the reason for making the investment in
Brazil,” said Dr. Mark Lyons, Alltech’s vice president for corporate
affairs. “People are looking for something different, and algae are
critical for conquering new markets. The future of nutrition lies in functional
foods, and we are determined to meet the increasing global demand for DHA
omega-3 on the farm and at the market.”
Alltech has also announced the expansion of its production capacity through the
acquisition of a new 7,300m² plant in Indaiatuba, São Paulo State, Brazil. In
the new facility, the company will specially manufacture nutritional solutions
for beef and dairy cattle, in response to the increasing regional demand and to
support the production capacity of the nine plants that Alltech currently has
throughout Latin America, particularly Alltech’s plant in Araucaria, Brazil. At
this latter facility, the company has recently doubled the production of one of
its leading products, Optigen, Alltech’s non-protein nitrogen
source for ruminants.
new acquisition, the company is planning to close 2014 with a sales growth of
around 27% in Latin America.
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