Monday, July 4, 2016

Pain d’Or factory expands to double production rates. $15 million investment expected


Malco Group, the mother company of Pain d'Or and Fantasia, will launch construction works to expand its factory in Choueifat.

The new 4,000-square-meter factory, built on an 8,000-square-meter plot adjacent to the present factory, has an expected completion date of early 2019.

The expansion will be dedicated to Pain d'Or products. Marwan El-Koussa, Managing Partner, said: "We will initially produce Arabic bread, before increasing production of other products, as well as creating n...

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