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Famous Brazilian Milk Factory Closes Production After Debt of R$ 200 Million
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The Cooperative Piá, a traditional dairy manufacturer based in Nova Petrópolis, Rio Grande do Sul, temporarily suspended manufacturing activities in the midst of a severe financial crisis. The company accumulates more than R$ 200 million in debts and has not yet set a date to resume production.With the shutdown, customers and shopkeepers were informed that the supply of the products is interrupted during the period.The cooperative employees were…
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