CrazyFruits

everything under the sun

December 2017
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
24252627282930
31      

Calendar Calendar

Social bookmarking
Social bookmarking digg  Social bookmarking delicious  Social bookmarking reddit  Social bookmarking stumbleupon  Social bookmarking slashdot  Social bookmarking yahoo  Social bookmarking google  Social bookmarking blogmarks  Social bookmarking live      

Bookmark and share the address of FAIR & CLEAR SKIN! on your social bookmarking website

Bookmark and share the address of CrazyFruits on your social bookmarking website

Latest topics
» Your merry x mas season pics
Wed 13 Dec 2017 - 20:11 by After8mint

» Just a bunch of colours
Wed 13 Dec 2017 - 20:07 by After8mint

» Beautiful photo magic from artist
Wed 13 Dec 2017 - 20:01 by After8mint

» Put some colour in your art VG art
Wed 13 Dec 2017 - 19:55 by After8mint

» Lovely blk and white pics from your artists
Wed 13 Dec 2017 - 19:51 by After8mint

» Have yourself a merry little Christmas crazyfruiters!!!
Wed 13 Dec 2017 - 19:48 by After8mint

» How to keep feet warm in the winter
Wed 13 Dec 2017 - 19:42 by After8mint

» Why it's important to read
Wed 13 Dec 2017 - 13:57 by After8mint

» A lovely Christmas birthday or just plain gift for a love one
Wed 13 Dec 2017 - 13:48 by After8mint

» Artist pictures AF an artists
Wed 13 Dec 2017 - 13:45 by After8mint

» Beautiful pencil art from an artists
Wed 13 Dec 2017 - 13:41 by After8mint

» Colourful art of an artists
Wed 13 Dec 2017 - 13:38 by After8mint

» Poems Spring To Life
Thu 9 Nov 2017 - 5:11 by After8mint

» Jamaica Norman Manley Law School wins moot court competition
Fri 1 Sep 2017 - 15:23 by azealiabanks

» Very BLACK SNAKE DREAM!!
Fri 1 Sep 2017 - 15:23 by azealiabanks

» jUST CALL TO SAY HELL OO
Fri 1 Sep 2017 - 15:22 by azealiabanks

» US formally tells UN it wants out of Paris climate accord
Fri 1 Sep 2017 - 15:12 by IggyAzealia

» Iggy azalea here pls say hi
Fri 1 Sep 2017 - 15:11 by IggyAzealia

» United Airlines Forces Toddler To Sit On Mom’s Lap For Flight
Fri 1 Sep 2017 - 14:37 by SHENSEEA

» John Brown Russwurm (1799–1851) an American abolitionist journalists from Jamaica
Fri 1 Sep 2017 - 14:33 by SHENSEEA

US formally tells UN it wants out of Paris climate accord

Sat 5 Aug 2017 - 10:55 by JustinBieber2

WASHINGTON – The Trump administration on Friday …

Comments: 1

Usain Bolt beaten by two Americans in final 100-meter race

Sun 6 Aug 2017 - 3:50 by After8mint

Usain Bolt's farewell party was spoiled by a pair …

Comments: 3

Usain lost his bolt during final hurray nearing his retirement plan

Sun 6 Aug 2017 - 3:45 by After8mint

Usain Bolt's farewell party was spoiled by a pair …

Comments: 2

Usain Bolt retirement has stalled by two american one was his arch rival gatlin

Sun 6 Aug 2017 - 3:51 by After8mint

Usain Bolt's farewell party was spoiled by a pair …

Comments: 1

Chinese dissident Liu Xiaobo dies, Chinese government says

Thu 3 Aug 2017 - 0:02 by BigBossAdmin

BEIJING -- Jailed activist and Nobel Peace …

Comments: 1

9-year-old applies for alien-fighting job, NASA responds

Sat 5 Aug 2017 - 10:47 by JustinBieber2



A 9-year-old boy answered a call from NASA to …

Comments: 1

Acute migraine drug succeeds in late-stage study

Sat 5 Aug 2017 - 10:51 by JustinBieber2

Eli Lilly and Co said on Friday said its acute …

Comments: 1

Chicago to sue DOJ over sanctuary cities policy

Sat 5 Aug 2017 - 10:55 by JustinBieber2

Chicago Mayor Rahm Emanuel says the city plans to …

Comments: 1

Mom dies after giving birth to twins following dad's gunshot death

Sat 5 Aug 2017 - 10:52 by JustinBieber2

Three young siblings are being cared for by …

Comments: 1

Top posting users this week


You are not connected. Please login or register

CrazyFruits » African/Caribbean/UK/GeneralDiscussions » GraceKennedy To Distribute Seprod Products In US

GraceKennedy To Distribute Seprod Products In US

View previous topic View next topic Go down  Message [Page 1 of 1]

BOBmarleyADMIN

avatar
Admin
Admin


Seprod Limited has inked an agreement with GraceKennedy Foods USA to distribute its brands through some 7,000 retail outlets in the American market, effective March 1.
The agreement gives Seprod a line to mainstream American consumers, and beyond the Caribbean diaspora. The terms were not disclosed.
Seprod's head of marketing, Roger Thompson, said only that about US$3 million to US$4 million worth of products were involved initially.
"We are cautiously reporting those numbers now, because a lot of leg work will have to be done in the coming months to ensure that we're a part of the listings of the major chains like the Wal-marts and the Costcos and so on," said Thompson.
"However, with Grace we have a serious presence in the independent operations and snack outlets," he said.
Seprod's yearend 2014 results are still pending, but in 2013 the company reported $757 million of revenue from overseas sales, amid total turnover of $13.9 billion. The estimate by Thompson would add about $345 million to $460 million to exports.
GraceKennedy Group was able to open up its reach to Hispanics and mainstream consumers through its acquisition of La Fe Foods last July - now operating as GraceKenndy Foods (USA) LLC - and the US subsidiary's new distribution partnership with AriZona Beverages that was announced last weekend.

Major Retail Shelves

The partnership with Seprod is expected to put the latter's brands on major retail shelves such Wal-mart, Costco, BJ's, Krogers and Sam's Club; into regional chains such as Pathmark, A&P, Giant, Publix, Winn Dixie and Shoprite; and local chains such as Western Beef, Presidente, Sedano's, Tropical and Key Foods.
Initially, Seprod will be pushing its Butterkist range of biscuits, Ovaltine biscuits, and Pronto Porridge Mix.
Seprod CEO Richard Pandohie, who took over leadership of the company last November, had immediately set his sights on export growth in the medium term and has placed a $100-million bet on Seprod's biscuits division - capital expenditure that is meant to renovate the line and expand the product range.
Pandohie told the Financial Gleaner that both the capital improvements and the deal with GraceKennedy fall right into place in advancing Seprod's stated goals.
"This deal between two iconic Jamaican companies will be a key platform for Seprod's aim to triple its export volume within the next three years," he said.
Michael Ranglin, the president and CEO of GraceKennedy Foods USA, says a key benefit of the partnership "is our enhanced ability to offer the US retailers a suite of strong Jamaican brands that allow them to better serve a diverse consumer base".
"We will both see enhanced performance as a result," he added.
neville.graham@gleanerjm.com

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum