Dippin' Dots to Open Facility in Brazil

Dippin' Dots has announced an agreement to build an ice cream manufacturing facility in Brazil.

On Wednesday the company announced a partnership with Paulo Cesar and Mateus Cacau with the Brazilian investment group Gr Brasil de Investmento em novos negocios.

Construction of the facility has already begun in Espirito Santo. Production is expected to begin in early 2020.

"We are very excited about this expansion, as Paulo and Mateus have both shown an incredible amount of passion for the Dippin' Dots brand over the past several years we've been working together. 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."

Dippin' Dots currently operates in the Philippines, Canada, South Korea, Taiwan, Vietnam, Australia, Japan, Chile, Oman, China and Russia. 

The company says it is expected to double year-over-year growth for each of the next five years in international markets.