A local company invests $ 5 million to build a new factory and will double its manufacturing capacity

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A local company invests $ 5 million to build a new factory and will double its manufacturing capacity

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The new plant will have 900 square meters. Photographic archive.

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Fertec started its new industrial plant in the Cordovan city of Marcos Juárez for the production of fertilizers earlier this year. The project investment reaches $ 5 million and will double the production capacity.

“Right now we are in the leveling phase and the first foundation infrastructure works,” he said. José Luis Morenawho recently took up the position of general manager of the company.

The new plant will have 3,350 m2 of which 900 square meters for administrative and commercial offices and 2,450 square meters for the production of equipment. This will allow the company to unify the administrative and production areas which are currently divided into 3 different buildings.

“The unification of the production process will reduce time and make the entire process more efficient, and the work of our 130 collaborators in the same space will accelerate responses and stimulate interaction and teamwork”, highlighted the Fertec manager. , a company that integrates the Nord Group.

Once the works, which are located on the Rosario-Córdoba highway, are completed, capacity will increase significantly: it will double to 450 and 500 vehicles and triple to 75 driving vehicles. Both

Sales of Fertec in the local market represent 90% of the turnover, with 45% of the market share. Over the past two years, equipment sales have grown steadily: it closed 2021 with a 25% increase compared to 2020, which had already seen a boom of the same percentage.

Part of the Fertec team.

Part of the Fertec team.

The remaining 10% of turnover comes from exports. In this sense they aspire to In the next few years, 25% of the invoicing will come from the foreign market.

“We want to bring our leadership to the region during this time and become one of the 5 fertilization companies in the world. For this reason, we have decided to consolidate our Infrastructure Operation that will accompany these volumes, ”she said.

José Luis Morena, new General Manager of Fertec.

José Luis Morena, new General Manager of Fertec.

The company, present in 11 countries, completed its first export of four fertilizer units to Australia earlier this year.

At the same time, the company wants to promote internationalization projects that have to do with the development of local associated companies to exploit the company’s know-how in other countries of the world.

Source: Clarin

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