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Veronica Garabelli // April 9, 2015//
A Brazilian candy company announced Thursday plans to invest $5 million to establish its first operation in the U.S. in Hanover County, which is expected to create 55 jobs.
Sao Paulo-based Mavalério is the largest producer of decorative confectionary in Latin America. It currently exports to more than 20 countries.
Fernando Bettin, Mavalério’s director of operations, said the company chose Virginia because it provided access to 55 percent of the U.S. population within 750 miles.
“As a manufacturer of sugar confectionery toppings, interstate, port and airport access are critical to maintain our supply chain,” Bettin said in a statement.
Gov. Terry McAuliffe approved a $50,000 grant from the Governor’s Opportunity Fund for the project. Mavalério will receive benefits from the Port of Virginia Economic and Infrastructure Development Zone Grant Program and funding and services for employee training activities from the Virginia Jobs Investment Program.
Virginia competed against Delaware and Florida during the site selection process.
