Industria San Miguel announces expansion of RD$8,000MM in 5 years

• Mario Medina, Arturo Marroquín, general manager of ISM ; Cándida Acosta, editor of Economia & Business, and Lizzy Gonzalez. SILVERIO VIDAL/LD

Industria San Miguel (ISM) will invest R$8,000 million in the expansion of its production plant and distribution centers in the Dominican Republic, where it has been operating since 2005 and has created 2,200 direct jobs and 5,000 to 7,000 indirect jobs.

The expansion of ISM’s operations includes the installation in the future of several distribution centers in other provinces, including in Peder­nales, and the launch of new products such as the Cola Malta that was placed in the Azua market and will soon be sold. introduced in the Capital.

The information was offered by the general manager of ISM, Arturo Marroquín, in a meeting at the Ricart Hall, in Listín Diario, where he was accompanied by company executives Mario Medina, administrative and financial manager, and Lizzy González, communications manager.

Cí virtuous circles
“In reality, we have several projects, we consider virtuous circles in the expansion part, to develop the part of the area that surrounds the company, the communities, everything around it.” ;, he explained. Moroccan. In addition to the plant on the border, they pay a lot of attention to the investment issue. These projects are sustainable and are part of Corporate Social Responsibility with schools, during the pandemic, dengue, agreements with the Ministry of Health, help in reforestation on the border, especially in the heads of rivers. ;os.

Joint contributions have also been made with the Northern Electricity Distribution Company (Edenorte) and together with Ecored and the Bo­tánico they support the planting of roblillo tree, and with USAID in access to water.

“There are many projects that are sustainable over time that do not die with a single execution, but rather have been developed for many years and are part of Social Responsibility,” he explained. González, communications manager.

In this regard, Mario Medi­na, administrative and financial manager, indicated Vaccination days were held together with Public Health, two fans were donated in Santiago Rodríguez and Vi­lla Los Almácigos, and refrigerators for the conservation of vaccines. Another of ISM’s contributions has to do with launching issues of long-term sustainability, and this includes the move to the Caimito school. highlighted The importance of creating jobs that ultimately generate a multiplier effect that includes services such as cover and label suppliers.

Contributions
In addition to Social Responsibility projects, ISM contributes with the purchase of supplies, since 80% of these, including sugar, are produced nationally. Regarding its investments in the production plant, the investment exceeds US$140 million and now an expansion is contemplated for an amount of RD$8,000 million in the next five years, equivalent to It will increase to a projected US$24 to US$25 million per year, which will be used for organic growth, improvement of all systems and for a range that they have in other markets and will be disposed of. developed here

Industry San Miguel (ISM) will invest R$8,000 million in the expansion of its production plant and distribution centers in the Dominican Republic, where it has been operating since 2005 and has created 2,200 direct jobs and 5,000 to 7,000 indirect jobs.< /p>

The expansion of ISM’s operations includes the installation in the future of several distribution centers in other provinces, including in Peder­nales, and the launch of new products such as the Cola Malta that was placed in the Azua market and will soon be sold. introduced in the Capital.

The information was offered by the general manager of ISM, Arturo Marroquín, in a meeting at the Ricart Hall, in Listín Diario, where he was accompanied by company executives. Mario Medina, administrative and financial manager, and Lizzy González, communications manager.

Virtuous circles
“In reality, we have several projects, we consider virtuous circles in the expansion part, to develop the part of the area that surrounds the company, the communities, everything around it.” ;, he explained. Moroccan. In addition to the plant on the border, they pay a lot of attention to the investment issue. These projects are sustainable and are part of Corporate Social Responsibility with schools, during the pandemic, dengue, agreements with the Ministry of Health, help in reforestation on the border, especially in the heads of rivers. ;os.

Joint contributions have also been made with the Northern Electricity Distributor Company (Edenorte) and together with Ecored and Bo­tánico they support the planting of the roblillo tree, and with USAID in access to water.

“There are many sustainable projects over time that do not die with a single execution, but have been developed for many years and they are part of Social Responsibility”, he explained. González, communications manager.

In this regard, Mario Medi­na, administrative and financial manager, indicated Vaccination days were held together with Public Health, two fans were donated in Santiago Rodríguez and Vi­lla Los Almácigos, and refrigerators for the conservation of vaccines. Another of ISM’s contributions has to do with launching issues of long-term sustainability, and this includes the move to the Caimito school. highlighted The importance of creating jobs that ultimately generate a multiplier effect that includes services such as cover and label suppliers.

Contributions
In addition to Social Responsibility projects, ISM contributes with the purchase of supplies, since 80% of these, including sugar, are produced nationally. Regarding its investments in the production plant, the investment exceeds US$140 million and now an expansion is contemplated for an amount of RD$8,000 million in the next five years, equivalent to It will increase to a projected US$24 to US$25 million per year, which will be used for organic growth, improvement of all systems and for a range that they have in other markets and will be disposed of. developed here.

FIGURES
How did they get to the DR?
The Marroquín family came to the Dominican Republic on vacation in 1999, where they saw an opportunity and after analyzing the market and competition conditions, they decided to settle in 2005, under Law 28-01, on border development, and they settled in the community of Santiago Rodríguez.

That time was enough for them. to structure and launch the project with a beverage in a black glass bottle.

The black glass bottle was only distributed in the border area. The beginning was with people from the area and the production was a little more than 200 boxes.