Sigma-Aldrich’s expansion of operations in Chile is part of the company’s strategic plan to accelerate growth in Canada, Asia Pacific and Latin America to 25% of corporate sales by 2010. In line with this strategy, in October 2008 Sigma-Aldrich established a representative office in Vietnam to serve the country’s expanding research and manufacturing sectors.
Sigal’s general manager, Patricia Bravo, will become Sigma-Aldrich’s sales and marketing manager for Chile. Terms of the deal were not disclosed.
Eric Green, vice president of international sales and operations of Sigma-Aldrich, said: “Building on our strong customer base in Chile and throughout Latin America is a long-term strategy for Sigma-Aldrich. We experienced 20% sales growth in Latin America in 2008 alone, and we believe our expanded presence in Chile, which will integrate sales, marketing and distribution, provides a solid base for consistent growth in the years to come.”