Alexandrion Group Invests EUR100M in Distillery in New York

Spirits producer Alexandrion Group Romania will invest EUR100 million to build a distillery in New York, Nawaf Salameh, CEO and founder of the company, told a press conference Friday.

99 views

Imaginea articolului Alexandrion Group Invests EUR100M in Distillery in New York

Alexandrion Group Invests EUR100M in Distillery in New York

In New York, Alexandrion will manufacture gin, rum, whiskey and other spirits for the American market and will import Romanian products such as Saber Alexandrion and Brancoveanu Alexandrion, said Salameh.

The distillery in the US will be larger than the one in Romania and will employ at least 400 people.

Alexandrion Group has five consultants scouting appropriate locations and Salameh said he hopes the right spot in New York is found in two or three months so delivery may start in July next year.

“We've been looking at the US market for at least five years but we feel that now is the right time,” he said.

Salameh added investments in Romania will continue.

“We're not moving production out of Romania. Investments here will continue. Romania is developing and covers the entire European market, Africa, the Middle East and other countries. The unit in the US will cover the American market; from there we will export American products to the rest of the world,” Salameh said.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.

 

The free download of the press materials (text, photo and / or video), bearers of intellectual property rights, is approved by www.mediafax.ro only within 250 signs. Spaces and URL / hyperlink are not taken into account when counting signs. The collection of information can only be done in accordance with the terms agreed and mentioned here