Brazilian shoe manufacturer Paquetá has opened its first sports shoe factory in Argentina. As a result, the company is now the largest manufacturer of Adidas shoes in the country.

The new 9,000 m² unit is in Chivilcoy, Buenos Aires, and has generated 700 hundred new jobs. The company will have invested more than $20 million in the production unit by 2011. Argentina's President, Néstor Kirchner, and Chancellor, Miguel Peirano, attended the inauguration ceremony.

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