Drylock Technologies invests $25.80 mln to build third diaper mill in Brazil
SAO PAULO, Brazil, November 26, 2024-
Drylock Technologies, a Belgian manufacturer of baby and adult diapers, plans to expand its operations in Brazil. The company confirmed to Fastmarkets on November 14 that it is investing 150 million Reais ($25.80 million) to build its third diaper factory in the country, with completion expected by the end of 2025.
The investment in the new facility includes constructing a manufacturing plant spanning over 30,000 square meters, acquiring machinery and equipment for the company's product lines and establishing a distribution center.
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