The arrival of the new branch of the Equilíbrio factory in Itapetininga represents a milestone for the region's economic and agricultural development, highlighting the city's potential as an investment hub in the fertilizer sector. With the creation of job vacancies for local residents.
The city of Itapetininga, in the interior of São Paulo, is about to receive a major economic boost with the installation of an Equilíbrio factory, a leading national company in the fertilizers. The announcement was made by Mayor Jeferson Brun in a ceremony last Thursday (21), attended by local authorities and company representatives. With a planned investment of R$50 million, the new factory promises to generate around 400 direct and indirect jobs in the region, strengthening the agricultural sector and boosting the local economy.
In addition to the direct economic benefits, such as the generation of job openingsoe the increase in tax collection, the installation of the new Equilíbrio factory also promises to boost the growth of agriculture in the region, offering new opportunities for local producers.
Details about Equilíbrio’s R$50 million contribution to the new branch
The initiative to install an Equilíbrio factory in Itapetininga represents a significant step for the fertilizer sector in Brazil.
With its headquarters based in Goiás, the company already has national recognition for the quality of its products and its commitment to sustainable agriculture.
The decision to expand its operations and install a factory branch in São Paulo not only reinforces Equilíbrio's presence in the market, but also contributes to reducing the country's dependence on imported fertilizers.
How the arrival of the new factory contributes to reducing fertilizer imports in Brazil
According to the Secretary of State for Agriculture and Supply, Guilherme Piai, the installation of the factory in Itapetininga is an important step towards strengthening the fertilizer sector in the country.
With more than 70% of fertilizers used in Brazilian agriculture being imported, national production plays a crucial role in ensuring food security and reducing vulnerability to fluctuations in the international market.
Mayor Jeferson Brun highlighted the importance of the investment for the economic and social development of Itapetininga, highlighting the support of the state government and the commitment of local managers to enable the company's arrival in the city.
Why is it cheaper to import fertilizer than to produce it in Brazil?
With information from Itapetininga City Hall
