News

Mastrotto-Reichert joint venture to build wet blue facility in Brazil

06/03/2002

A joint venture between Brazilian footwear firm Reichert Calcados and Italian Conceria Mastrotto is to go ahead with a plan to build a wet blue leather plant in Brazil. The association has been granted a R$19.8 million ($8.47 million) loan by the BNDES (Banco Nacional de Desenvolvimento Economico e Social) for the new facility, which will cost R$77.7 million to build in total.

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