Dippin’ Dots to open manufacturing facility in Brazil
The ice cream brand partnered with Brazilian entrepreneurs for trademark and technology licensing agreement.
Dippin’ Dots, a Paducah, Ky.-based maker of flash-frozen beaded ice cream, said it signed a trademark and technology licensing agreement to build a manufacturing facility in Brazil. The facility will be Dippin’ Dots first production site in South America and its fourth international manufacturing facility.
The company said it partnered with Paulo Cesar and Mateus Cacau with Brazilian investment group Gr Brasil de Investmento em novos negocios. It already started construction in the state of Espírito Santo and estimates production will begin in early 2020.
“We are looking forward to expanding economic opportunities across Brazil and the South American market,” said Stan Jones, chief development officer of Dippin’ Dots. “There is a lot of demand for our product in this part of the world due to Brazilian tourists who have experienced Dippin’ Dots while visiting Florida.”
Through warehouses and distribution networks, Dippin’ Dots currently operates in the Philippines, Canada, South Korea, Taiwan, Vietnam, Australia, Japan, Chile, Oman, China and Russia. The company said it expects to double year-over-year growth for each of the next five years in international markets.