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The Multinational EPL Announced That It Will Invest Millions for the Construction of a New Factory in Rio de Janeiro, Generating Hundreds of Jobs for Professionals in the State
The Indian multinational EPL, a company recently arrived in Brazil, announced on Monday (30) that it will invest R$ 100 million in a new factory in Seropédica, in the Metropolitan Region of Rio de Janeiro. The company’s initiative, in addition to generating hundreds of new job opportunities, aims to produce toothpaste tubes for Procter & Gamble (P&G). The estimate is that the project will support P&G’s expansion in the state and generate 100 new jobs for residents of Rio de Janeiro.
New EPL Multinational Factory Construction to Start in Two Weeks
According to Governor Cláudio Castro, the investment in the new factory is another demonstration of business confidence in the state of RJ, which has become the main focus of national and international investments in Brazil.
The governor claims that he seeks to make Rio de Janeiro increasingly attractive and competitive for all sectors of economic activity, so that it is possible to generate more jobs and income for the entire population, consequently placing the state firmly on the path of sustainable development. The construction of the new EPL multinational factory will begin in about two weeks, and it is estimated that it will start operations this year, generating various jobs.
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The company will hire local labor, which will undergo training with worldwide specialists. According to Cássio Coelho, the Secretary of Economic Development, Energy, and International Relations, the support from the government of Rio de Janeiro, with an incentive policy to attract new businesses, has been essential for making the investments, plans, and schedules of companies interested in conducting activities in the state viable.
To stay updated on job vacancies that will be announced in the coming weeks, just follow the LinkedIn of the company.
Rio de Janeiro Will Have Cutting-Edge Technology with Arrival of the New EPL Factory
As one of the leading global suppliers of toothpaste tubes, the multinational EPL invests about US$ 50 billion annually worldwide. The company will bring cutting-edge technology to Rio de Janeiro, which is used in the United States. All tube production will take place in Seropédica, and only the plastic laminate will be imported from countries like China or India.
The expectation is that the machines will start arriving in October. According to EPL’s president for the Americas, Mauro Catopodis, the choice of the municipality for the installation of the unit was due to its proximity to the P&G factory and also because of its inclusion in the list of municipalities benefiting from the reduction of the Tax on Circulation of Goods and Services (ICMS) for the industry.
The executive also states that the company is very pleased to make this investment in RJ. The operation is entirely strategic to meet increasing demands in Brazil and also in Latin America.
Meet the Multinational EPL
Essel Propack Limited (EPL) is a multinational company specializing in tubular packaging owned by The Blackstone Group, headquartered in Mumbai, India. The company produces special laminated plastic tube packaging for the Pharma and FMCG sectors.
According to data, the company generates jobs for more than 3,000 people and operates over 24 facilities across 11 countries, selling more than six billion tubes annually. It is worth noting that the company emerged from the merger of two pre-existing companies, Propack AG and Essel Packaging, led by then-CEO Cyrus Bagwadia.
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