News

Jamaica: Golden Grove Sugar Factory To Close By July

Come mid-July, 150 persons will be out of work in St Thomas as manufacturing conglomerate Seprod turns off the lights at the Golden Grove Sugar Factory.

“We just didn’t do a good job and we didn’t achieve what we set out to do,” was the frank admission from Chief Executive Officer Richard Pandohie, who had personally taken charge of a last-ditch effort to revive Jamaica’s only sugar-manufacturing facility in eastern Jamaica.

Pandohie says the impending closure is the honest answer to a commitment made three years ago when the company decided to have a go at reviving the ailing sugar operation.

“As communicated to the shareholders three years ago and reiterated last year, if we realised that we couldn’t make a dent in this problem, then we would have done the right thing,” Pandohie said.

More

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s