Grendene expects to spend about 3 million reals (€1.1m-$1.4m) for...

Grendene expects to spend about 3 million reals (€1.1m-$1.4m) for a new plant in Brazil’s Bahia state. The 2,500 square-meter facility will make injected thermo-plastic footwear at an annual capacity of roughly 8.8 million pairs.

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