“Mavalério is very excited about this new venture in the United States,” said Fernando Bettin, Mavalério director of operations. “We have chosen the state of Virginia because we can reach 55 percent of the US population within 750 miles, and we couldn’t be more pleased with our location in Hanover County. As a manufacturer of sugar confectionery toppings, interstate, port and airport access are critical to maintain our supply chain. The Greater Richmond Partnership and Hanover County are providing excellent support to make it all happen.”
Founded in 1969 and based in Sao Paulo, Brazil, Mavalério is the largest producer of decorative confectionery in Latin America, currently exporting to more than 20 countries. Over the years, the company has been growing and innovating, serving domestic and foreign markets the most diverse and tasty products, which helped Mavalério become the largest manufacturer of the decorative confectionery industry in Latin America.
As an incentive Virginia Economic Development Partnership worked with Hanover County and the Greater Richmond Partnership to secure the project for Virginia. Governor Terry McAuliffe approved a $50,000 grant from the Governor’s Opportunity Fund to assist Hanover with the project. The company will receive benefits from the Port of Virginia Economic and Infrastructure Development Zone Grant Program. Additional funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.