News in brief
ACG Capsules opens a new Brazil factory
The company has invested about R$350 million in the new 14,000 sq. meters factory that will generate approximately 500 new jobs locally. The plant, which will serve the entire LATAM and neighboring areas, is ACg’s second manufacturing facility in the region following the acquisition of Nova Nordeplast (Films and Foils company) in 2017.
“ACG Capsules is one of the largest capsule manufacturers in the world, servicing pharmaceutical and nutraceutical customers in more than 100 countries,” said Selwyn Noronha, CEO ACG Capsules. “The company already has a significant presence in LATAM, and following this investment, ACG will further be able to meet the growing requirements of the region.”
The new capsule manufacturing facility complies with the highest standards defined by the Brazilian Health Regulatory Agency ANVISA & GMP regulatory bodies, said the company in a press release.
“ACG is extremely proud of this new state-of-the-art facility, which demonstrates our long-term commitment to Brazil. As the fifth largest pharmaceutical market in the world, Brazil is a key strategic one for ACG. And the benefit of having local manufacturing will certainly strengthen ties with our customers,” commented Roberson Petrungaro, Commercial Director – LATAM, ACG Capsules.
