Million-Dollar Investment in the Northeast: New Factory to Produce Mizuno Sneakers Will Create Three Thousand Jobs in Ceará

Written by Flavia Marinho

Published on 25/09/2020 at 16:00

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Vulcabras Azaleia, which acquired the operation of Mizuno in the Northeast, is a manufacturer of famous brands such as Olympikus, Under Armour, Opanka, and Dijean.

Three thousand jobs for the Northeast! Governor Camilo Santana announced another million-dollar investment for the economy of the State of Ceará. Starting on January 1, 2021, all manufacturing of the Mizuno brand will be done in the municipality of Horizonte, CE. Jobs for elementary and high school candidates with and without experience in roles such as Helper, Production Assistant, Technician, and more

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The company Vulcabras Azaleia, which acquired the operation of Mizuno in the Northeast, is a manufacturer of famous brands such as Olympikus, Under Armour, Opanka, and Dijean.

The CEO of Vulcabras, Pedro Grendene, and André Bartelle, an executive of the group, went to Ceará and, along with the governor, announced the expansion of activities.

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Vulcabras / Azaleia Investment

Vulcabras closed a deal with Alpargatas worth R$ 32.5 million for the purchase of the business unit related to the operation of the Mizuno brand in Brazil, according to a relevant fact from both companies released on Monday (21). The company currently generates around 14 thousand jobs in the country.

“The closing of the operation is subject to the fulfillment of certain precedent conditions, including the separation of such business unit into a new company, the signing between Vulcabras and Mizuno Corporation of a distribution agreement, and the approval of the operation by the Brazilian Competition Defense System, and will only occur after meeting these requirements”, said Alpargatas in a statement.

With the completion of the deal, Vulcabras will celebrate a licensing agreement and will be able to produce Mizuno brand products in the country, including footwear, apparel, and accessories, and sell the products directly to consumers, through its own stores and the Mizuno website, for a “period that will exceed 10 years”

Million-Dollar Investment in the Northeast: New Factory to Produce Mizuno Sneakers Will Create Three Thousand Jobs in Ceará

Vulcabras Azaleia, which acquired the operation of Mizuno in the Northeast, is a manufacturer of famous brands such as Olympikus, Under Armour, Opanka, and Dijean.

Read Also

Vulcabras / Azaleia Investment

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Million-Dollar Investment in the Northeast: New Factory to Produce Mizuno Sneakers Will Create Three Thousand Jobs in Ceará

Vulcabras Azaleia, which acquired the operation of Mizuno in the Northeast, is a manufacturer of famous brands such as Olympikus, Under Armour, Opanka, and Dijean.

Read Also

Vulcabras / Azaleia Investment

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While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

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