Governo ES – furniture and equipment factory announces $54 million investment in Soretama

Governo ES - furniture and equipment factory announces $54 million investment in Soretama

Itetia Movis, a traditional manufacturer of furniture and equipment in the country, that is Branch located in the municipality of Sooretama, R$ . announced the investment of 54.9 Lac, in the expansion and modernization of production through the use of high technology. The novelty was confirmed last week in a videoconference meeting with state governor Renato Casagrande. At present, the factory Espirito Santo has 800 employees and investment estimates She 200 direct jobs are created in the state.

company, Headquartered in the Espirito Santo area since 2011, has registered an interest in participating in the investment promotion program in the state of Espirito Santo (Invest-ES) and will have access to tax incentives.

“For us, this is a significant investment and we are very happy to see it approved by Invest-ES. When the state government invests in infrastructure, it attracts investors. This is what we are seeing again , this time with Itatia, which announced the expansion of the stove factory. The company opened its Espirito Santo branch in 2011, employing about 800 employees. The expansion will create new jobs. None of this is accidental. It is the result of work that aims to make Espirito Santo increasingly competitive and developed”, said Governor Casagrande.

The investment will have a positive impact on regional development, employment and income for the people of Espírito Santo, and the development of the state’s economy. This is what the Secretary of State for Innovation and Development, Tygo Hoffman believes.

“When we have advertisements like this, it is certain that other companies are attracted to this area. This is the result of the work done under the guidance Doing Governor Renato Casagrande and we are on the right track. The expansion of the projects generates interest among the many companies working in the production chain and entrepreneurs from the surrounding municipalities. They can be manufacturers of parts, equipment, service providers such as maintenance, food, transportation or even other large companies. Our spirit is one of confidence, as we use a model of proactive prospecting for new projects and business expansion. We have a disciplined team which dedicates to it on a daily basis”, emphasized the secretary.

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President of itasia Furniture, Victor Penna said the company has a history in Espirito Santo and thanked the state government for its receptivity.

“We are very happy for the faith, because we have already been together for ten years and we are going to be in the kingdom for the rest of our lives, God willing. With the expansion of our unit, we produce stoves Will continue and are now using high technology. In the wood sector, we are going to expand as per plan. So, let’s invest in more modern machinery to start planning. We will by using augmented reality going to produce We can better visualize the place and measure it to make project soon. We are developing this with a US company. This investment will be very good for everyone. We are going to create jobs and be able to modernize the industrial park”, said the company’s CEO.

Under Secretary of State for Competition, Rachel Frexo, Says that an expansion project such as that being undertaken by Itatia demonstrates good business environment to sustain activities in the state: “It is not by chance that this expansion is, after all, Espirito Santo possesses good indicators.” There are, beyond tax incentives, that allow this favorable landscape for businesses settling here to prosper and develop. This is a result of the positive work that the state government has taken to make companies that have established themselves in Espirito Santo more competitive. to enable their development in a sustainable and sustainable manner.”

INVEST-ES

The Investment Promotion Program in the State of Espirito Santo (Invest-ES), currently regulated by Law No. 10,550/2016, and later amended, is an effective, efficient, effective public policy instrument aimed at contributing to expansion, modernization and diversification . In the productive areas of Espírito Santo, encouraging investment, implementation and use of existing warehouse and logistics infrastructure, technological renewal of production structures, optimization of goods and commodities import activity and enhancement of the state’s competitiveness, generating employment and income and With an emphasis on reducing social and regional inequalities.

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About the author: Sarah Gracie

"Proud social media buff. Unapologetic web scholar. Internet guru. Lifelong music junkie. Travel specialist."

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