Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

Brazil-Based Candy-Confectionary Products Manufacturer Mavalério Opens U.S. Production Hub In Virginia

04/10/2015
A Brazilian manufacturer of candy and other confectionary products, Mavalério will invest $5 million to establish its first U.S. production operation, creating 55 jobs in Hanover County, Virginia.

“Mavalério is very excited about this new venture in the United States,” said Fernando Bettin, Mavalério Director of Operations. “We have chosen the state of Virginia because we can reach 55 percent of the U.S. population within 750 miles, and we couldn’t be more pleased with our location in Hanover County.”

“As a manufacturer of sugar confectionery toppings, interstate, port and airport access are critical to maintain our supply chain. The Greater Richmond Partnership and Hanover County are providing excellent support to make it all happen,” he added.

Founded in 1969 and based in Sao Paulo, Brazil, Mavalério is the largest producer of decorative confectionary in Latin America, currently exporting to more than 20 countries. Over the years, the company has been growing and innovating, serving domestic and foreign markets the most diverse and tasty products, which helped Mavalério become the largest manufacturer of the decorative confectionery industry in Latin America.

As an incentive Virginia Economic Development Partnership worked with Hanover County and the Greater Richmond Partnership to secure the project for Virginia. Governor McAuliffe approved a $50,000 grant from the Governor’s Opportunity Fund to assist Hanover with the project. The company will receive benefits from the Port of Virginia Economic and Infrastructure Development Zone Grant Program. Additional funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.

Governor Terry McAuliffe said, “I am thrilled to announce that Mavalério has chosen the Commonwealth and Hanover County for its first U.S. operation. Winning this significant project is another testament to Virginia’s global competitiveness, and creating high-tech jobs is another step forward in building a new Virginia economy.”

“Virginia’s ability to continually attract international businesses is demonstrated by this project,” said Maurice Jones, Virginia Secretary of Commerce and Trade. “Some of Mavalério’s largest customers are located right here in the Commonwealth, and the location of this new operation will help the company grow its footprint in the U.S. market. We welcome Mavalério to Hanover County and to Virginia.”

“This is a thoughtful decision by Mavalerio to choose Virginia and the Port of Virginia,” said John F. Reinhart, CEO/Executive Director of the Virginia Port Authority. “Virginia and Hanover County provide a strategic East Coast location within reach of our great port, which will serve as the company’s gateway to world markets.”
Article Discussion

Follow Area Development

Share