Gannon Adds US$2.1 Mln to Its Drink Plant in South Vietnam

5:48:12 PM | 6/2/2008

Gannon Beverages, one of the largest processors of milk, juice and tea in the Southeast Asian region, has poured an additional US$2.1 million into its drink plant in southern Dong Nai province, according to the Government’s website.
 
Accordingly, the 20,000-square-meter facility will be upgraded in two phases over six months. Once finished, the plant’s capacity will increase by 40 per cent, allowing the plant to meet the needs of its core customers, which includes such famous brands as Nestle, Pepsi, F&N and Unilever.
 
“This investment was always part of our plan, but we chose to move ahead with it sooner rather than later,” said Walter Blocker, CEO of Gannon Group Vietnam, parent company of Gannon Beverages.
 
“Demand has exceeded second quarter forecasts by 40 percent and we expect growth to continue at that rate,” he said.
 
Gannon Beverages plans to begin stage one of the expansion in June by adding two new Tetra Pak TBA-19 filling machines. A third machine will be implemented during the second stage in November. Ultimately, the plant will have eight such machines, with a capability of filling 250 million units annually.
 
Gannon Group Vietnam has maintained a presence in Vietnam for 15 years, making it one of the country’s most steadfast foreign firms. (Chinhphu.vn)