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January 17, 2002

BRAZIL: Shoe Firm Bibi To Spend R$3m On Expansion

Children's shoe manufacturer Bibi is to spend R$3 million on expanding production capacity at its plant in Cruz das Almas. The company says the investment should generate a 25 per cent increase in sales in 2002, to R$88m. Output should rise to 5.1 million pairs of shoes.

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