Brazilian textile company acquires plant in the US

News from the Charlotte Business Journal about

N.C. Gov. Bev Perdue and Herminio Freitas, CEO of Providencia, at the ribbon cutting and expansion announcement of Providencia. Read more: Companhia Providencia invests $60M in Statesville | Charlotte Business Journal

Companhia Providencia will invest an additional $60 million and add 28 jobs to its $70 million Statesville plant, boosting total employment to 81.

Read more: Companhia Providencia invests $60M in Statesville | Charlotte Business Journal

Published by Hildete Vodopives

Hildete de Moraes Vodopives is founder of Brazil Global and of the Harvard Strategists Group. She has a PhD in Economic History and advises companies and investment agencies in international business development.She served as Corporate Relations Director and later, on the board of the Brazilian Investment Analysts Association (APIMEC).

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