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Food Palancares invest 5 million euros in innovation and technological development (01/10/2008)

Palancares Food Company, manufacturer and marketer of cheese and dairy products, owned by Grupo Fuertes, undertake a significant investment, estimated at five million euros in order to implement innovative and efficient production systems that will allow a symbiosis between artisanal techniques and full automation in food manufacturing.

This investment, as well as ensure its future growth Palancares Food, involves the installation of technology to exceed the standards and food safety standards worldwide.

Moreover, the introduction of these technological processes will allow maximum use of raw materials, through the application of technical excellence in nutrient recovery, treatment technologies for utilization of the whey that allow their return to the various processing and determine a significant increase in operational efficiency, and a reconciliation of sustainable development.

Also, this cash injection will enable Food Palancares increase five times its current production capacity to over five million kilos per year.

Located in Bullas (Murcia) the company intends to become Palancares cheese cheese referring Spanish in our country and beyond our borders, where the cheese of Murcia is experiencing a great time.

Murcia has established itself as the leading exporter of goat cheese, especially the United States and Europe, which spends more than half of production.

Palancares Food, which was acquired last year by the Fuertes Group, the holding company that is among the 20 most important food group in the country, has become one of the leading companies in the cheese market, and these investments you want to become in respect of market quality dairy products.

This company pioneered the creation of the Appellation of origin of Cheese Cured Murcia both came as Fresco, so their cheeses are considered "food quality in the Region of Murcia."

At present its most important market is to Murcia, however, are disembarking in the rest of Spain with high quality products, such as the aforementioned Queso Fresco, with significant penetration as well as traditional cheeses, and especially its future release which bet on healthy products (low-salt, Bio, Lactose Free, Light, etc).

Internationally its products are sold in competitive markets like the UK, USA and Japan.

With the implementation of planned investments, whose project is in the process of requests for quotations and award of contracts, the company's expectations are focused on growing quite strongly and deeply in all those markets in which we see opportunities.

Fuertes Group Food Palancares owner is highly diversified, employs more than 5,600 workers, the first business group in employment in the Region of Murcia and ended 2007 with a turnover of 1,000 million euros.

Source: Palancares Alimentación

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