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The installation of two new beverage lines by Wisynco Group Limited will boost production by at least 35 per cent, according to Chairman William Mahfood.
The drinks manufacturer plans to increase its capacity to meet the growing demand in local and export markets.
Speaking on the sidelines of an official factory tour on Wednesday, Mahfood told the Financial Gleaner that Wisynco has already paid out just over US$4 million, or about $600 million, for equipment that’s to be shipped to Jamaica by June 2023, the end of its financial year. The spend amounts to around a third of the overall project cost.
The tour of the company’s facilities at White Marl and Lakes Pen in St Catherine was part of the Jamaica Manufacturers and Exporters Association, JMEA, 75th anniversary commemorative tours of member companies.
Senior management at Wisynco hosted Minister of Industry, Investment and Commerce, Senator Aubyn Hill, along with representatives from the JMEA. Mahfood noted that all the company’s four beverage lines are running at maximum capacity, and are working overtime to keep up with demand.