Three Corações opens former Coteminas site: what it means for Coteminas stock

Published on 10/14/2026 at 02:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The center starts in November 2026 and targets 300 jobs. For Coteminas stock, the former 11,000-square-meter site gains a new logistics use.

Logistics use follows factory history

Three Corações announced the new distribution center on October 10, 2026, with 300 planned jobs.
The center is scheduled to begin operating in November 2026 at an 11,000-square-meter former Coteminas facility.
Preparation for the operation had already created 22 jobs by October 10, 2026.

Coteminas, textiles, logistics, company event, Brazil, Illustration mit AI erstellt.

Three Corações announced on October 10, 2026, that it will establish a distribution center in a former Coteminas facility, with operations scheduled to begin in November 2026 and capacity for 300 jobs. For Coteminas stock, the development gives a former industrial site a new logistics role, although the report describes the project as an initiative of Three Corações rather than a new Coteminas contract.

A new use for 11,000 square meters

The planned center will occupy 11,000 square meters in São Gonçalo do Amarante, where Coteminas previously operated a factory. According to Blog do BG on October 10, 2026, the facility will serve as a logistics warehouse supporting the Kitano and Yoki brands.

The employment figure is the clearest measurable effect. The operation is expected to create 300 jobs once fully active, while 22 positions had already been created during preparation by October 10, 2026. The difference between those figures shows that the project is moving from setup toward its planned operating phase.

What does the move mean

The announcement matters for Coteminas because it places the company's former industrial footprint in a new local economic cycle. The reported project does not quantify proceeds, rent or other financial benefits for Coteminas, so the immediate investment angle is the reuse of the site and the 11,000-square-meter scale rather than a confirmed earnings contribution.

Coteminas describes itself as a Brazilian textile holding company operating in Brazil and abroad. On its corporate website, Coteminas says its history began in 1967, its first spinning and weaving factory entered operation in 1975, and its portfolio includes bedding, bath products and textile manufacturing.

Local activity gains a new anchor

The November 2026 start date gives the former factory a defined next stage, while the 300-job target provides a concrete measure of the center's planned scale. The 22 preparation jobs already reported indicate that recruitment and installation work are under way at the site.

Market context: Market report Bovespa.