SPC Ardmona chief Peter Kelly won’t be asking for more money from his parent company any time soon.GEOFF ADAMS August 26, 2014 3:00am
SPC Ardmona chief Peter Kelly won’t be asking for more money from his parent company any time soon.
The Coca Cola Amatil board gave approval to his revised upgrade plan for the fruit processor just days before last week’s announcement.
SPC Ardmona has been a drain on CCA’s finances in recent years and the inability to secure Andrew Fairley Ave as part of the proposed $100
‘‘I certainly wouldn’t like to be asking again,’’ Mr Kelly told Country News last week.
‘‘We have to make this work, absolutely right now.
‘‘I plan on keeping a low profile in terms of asking for any more favours from CCA.
‘‘They’ve shown a good deal of patience with us.’’
The company will still consolidate the business from three sites onto one but the way it happens will be different.
‘‘Given we weren’t able to access the road and the area it provided, the whole plan of having a big construction project, bringing all of the business categories into one site, became problematic.
‘‘We still need to load trucks and move things around.’’
He said the original plan would have included spending about 25 per cent of the money on a new building.
‘‘That money has been redirected towards changing existing equipment to add more automation, give it a smaller footprint so we can jam more into a smaller factory.’’
He said it was an ‘‘excruciating’’ decision to decide which categories they would have to cut.
But he wanted to concentrate now on developing new products which would be successful.
‘‘This money will get us going.
‘‘Two of our products launched this year have already won prizes for being the best in their category. And SPC won the best promotional marketing award.
‘‘The board was impressed with the idea of letting us go and having our head. We have some good ideas.’’
For growers, Mr Kelly believes the upgrade will offer some longer term stability.
He expects to be able to give longer range supply forecasts.
The company will still meet its minimum requirement of employing 500 or more effective full-time employees, demanded by the Victorian Government when it offered the $22
Mr Kelly said he has been watching with interest the European Union subsidising tomato manufacturers to make up for any downturn created by the Russian Government’s decision to cease importing some food from the United States and the EU.
‘‘It’s a huge difference to the approach in Australia, including the attitude of the Productivity Commission.
‘‘I hope this is instructional for our bureaucrats.’’
Emergency services are attending a gas leak on Casey St in Tatura.
Yarrawonga Pigeons dynamo Craig Ednie has won his third consecutive and seventh in total Chronicle Award after another brilliant season in the Ovens and Murray Football League.
It has been a successful year for Bega Cheese, which reflects on Tatura Milk Industries, with chair Barry Irvin announcing recently that Bega Cheese’s normalised earnings before interest, tax, depreciation and amortisation was $55.7 million and normalised profit after tax of $22 million.
FORKLIFT driver Hayden Moore has a hairy issue, and a lofty ambition.
MORE than 50 years of regulation have taken their toll by reversing the natural flow patterns of the Campaspe.
CFA called to farm fire
Avenel celebrates its sporting heroes
Tocumwal Lions Club has plans to purchase the Bowling Club site for an aged care facility, which will only happen if the merger between the Tocumwal bowls and golf clubs proceeds.
THE Heathcote community is readying itself for the official opening of the Heathcote Health Primary Care redevelopment.
Three Cobram teens have been arrested by police after they allegedly stole tractors from Cobram and Tocumwal and caused about $30 000 in damage.
Rhinos make strong impression in MVCA’s division one comp.
Free entry is being offered at this year’s annual Lancefield Show to support the fire ravaged community.
The Catholic Education Office will provide assistance to any refugees from Syria and Iraq who wish to settle in the Sandhurst Diocese.
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