FDBusiness.com

Greencore to Develop £20 Million Greenfield Factory in the US

 Breaking News
  • Tesco to Simplify Operational Structures Tesco has announced changes to simplify its operational structures to improve efficiency and give line managers clearer accountability for colleague and customer experience. As part of these changes, the role of People Manager and Compliance Manager will be removed from large stores and fulfilment centres in the UK. The role of Customer Experience Manager, present in [...]...
  • UK Consumers are Confused About Food and Health UK consumers think that information about diet and health is confusing, and they would rather believe the internet than a dietitian. In a survey of 2,000 consumers in the UK, US, Spain and Australia, conducted by New Nutrition Business, 79% said they find messages surrounding health, food and nutrition confusing. Because of changing dietary advice, more and [...]...
  • Putting the Maximum Mechanical Work in Your Mixing Process With a Minimum of Energy Consumption Packo Pumps in Belgium and Daniatech in Denmark have bundled their expertise in pump manufacturing and mixing and have set a new standard in high-shear pumps. The patented rotor-stator design was optimized with CFD and gives the pump an unrivalled energetic efficiency. The energy consumption is 40% to 50% lower compared to high-shear pumps of other [...]...
  • Serac Presents its New Aseptic Combox Serac has accomplished its objective to combine its PET linear blower (SBL) with its rotary weight filling machine in a single unit (under the trade name Combox). By the end of 2017, around fifteen Combox units have been installed in Europe, North America, South America and Asia. The Combox is now also available in an Aseptic [...]...
  • Ebro Expands in Pasta With €130 Million Deal Spanish food group Ebro has agreed to acquire a 70% stake in Bertagni 1882, the Italian premium fresh pasta producer, for €130 million. With production plants in Vicenza and Avio in Italy, Bertagni employs 275 people and is known as the oldest brand of filled pasta in Italy. Its gross sales in 2017 will exceed [...]...

Greencore to Develop £20 Million Greenfield Factory in the US

Greencore to Develop £20 Million Greenfield Factory in the US
March 20
16:23 2014

UK convenience food manufacturer Greencore Group is to build agreenfieldsandwich manufacturing facility in Quonset, Rhode Island in the USA. The new facility will be strategically located to enable Greencore USA both to service its existing markets in New England and also to develop future business opportunities closer to New York.

As a result of the project, the group will close its existing facilities in Newburyport and Brockton, Massachusetts on a phased basis between April and September 2015. Employees will be offered the opportunity to take up roles at the new facility.

The site will be over 100,000 sq ft with a modular design that will enable future expansion, and will be built to the highest standards of hygiene, efficiency and process capability. It will have sufficient capacity to support ongoing growth and will also result in material manufacturing process and distribution savings estimated at £5 million. The new site will employ 370 people when it opens in the Spring of 2015.

The cost of construction and fit-out of the new facility is estimated at £20 million and will be incurred over the next 15 months. Greencore will also recognise a non-cash impairment of assets in FY14 of £8 million in relation to the exit from the Newburyport and Brockton sites, as well as cash exit and start-up costs estimated at £3 million. These costs will be reported as exceptional items.

Patrick Coveney, chief executive of Greencore, comments: “This investment will significantly enhance our capability and capacity to serve the sandwich market in the North Eastern region of the US, and will also enable us to drive further growth with current customers. Delivering this project will represent an important milestone as we continue to build a strong, growing, profitable food to go business in the USA.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 19, 2018International Green Week
  • January 20, 2018Sigep Rimini
  • January 24, 2018International Bulk Wine and Spirits Show (IBWSS)
  • January 28, 2018ProSweets Cologne (Int'l Sweets and Biscuits Fair)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements