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06.24.08
» BNDES funds expansion and
modernization of textile company in Espírito Santo
BNDES signed off R$23.2m loan for technology upgrade in
Poltex Polido Têxtil S.A. The money will also hekp to
increase production capacity and implement a new waste
treatment station. The project will generate 127 direct jobs.
Funds will be transferred by Banco do Estado do Espírito
Santo S/A (BANESTES), under the Program Revitaliza –
Investimento (New Life – Investment), intended to promote
the financial strengthening of companies belonging to some
industries, including the textile industry.
The goal is to expand the fabric production capacity, also
renewing the line of products, which will include items of
higher added value due to the incorporation of new
technological processes. Additionally a new waste treatment
station capable of processing 250 m3/h using physical,
chemical and biological processes will be built. This new
station will substitute the existing one, capable of
processing 150 m3/h, using a small part of existing
equipment and buildings.
Poltex Polido Têxtil S/A is located in the city of Serra/ES
and was built in 1990. The company was primarily focused on
the production of fabric and clothing. The clothing sector
of the plant currently employs 411 people.
Poltex is part of Polido Group, with more than 27 years of
activity and it is composed of 14 companies, including four
plants and eight commercial units related to the textile and
clothing sector, one foreign trade unit and a real estate
development company. The group now has more than 1,500
direct employees and generates 1,000 indirect jobs.
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