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Wisynco production capacity to climb by a third

Published:Sunday 2:53 AM

Manufacturing and distribution company Wisynco Group Limited is projecting at least a 30 per cent increase in production capacity at its St Catherine plant once its current capex programme is finalised.

The company, which operates from St Catherine, is spending $5 billion on new machinery and plant upgrades.

“It will boost our capacity by about 30 to 40 per cent,” said CEO Andrew Mahfood.

“It will give us the ability to reduce our costs in many areas and give us more space to do more manufacturing and allow us to do some new business,” he said, following the company’s annual general meeting.

Mahfood declined, however, to say what the new business line would entail, but indications are that it will complement the present carbonated soft drinks and flavoured-water output at Wisynco.

“It will be in a space that is close to us. It will boost our revenues substantially. The route to market is already there. It will not need a new distribution system, so I am expecting a lot of good things from it,” the CEO said.

Wisynco already operates 600,000 square feet of space – split among its White Marl, Lakes Pen, and Ferry locations – but is looking to add another 200,000 square feet.

The expansion will see the installation of three new plants in the company’s existing facility, along with factory and warehousing space at Lakes Pen.

It will include a new line for its bottled water, Wata; a new product line; a power generation plant; and new warehousing for raw material and finished goods. Production should start in early 2024.

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