Nestled in the Blue Mountain range, in the parish of St Andrew in particular, Mavis Bank Coffee Factory (MBCF) stands as a testament to the resilience of one of Jamaica's leading export commoditie.
Jamaica Producers Group booked one-off profit of $11.4 billion for the June quarter, nearly all of which was due to the gain it made from the sale of its subsidiaries to Pan Jamaica Group. The near century-old company, which was once a banana.
A more diversified Pan Jamaica Group Limited grew its earnings by one-fifth in the June quarter, due to its absorption of the food and logistics operations of Jamaica Producers Group. Shareholder profit rose to $1.08 billion in the quarter, or 80.
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THE Jamaica Producers Group has set its sights on substantial growth in its juice business in Europe, having now upgraded the production facilities to be more efficient in the face of inflationary.