Echuca processor Kagome has welcomed the decision from the Victorian Government to support SPC Ardmona.February 17, 2014 4:38am
Echuca tomato processor Kagome is praising news that the Victorian Government will offer a lifeline to SPC Ardmona.
After a struggle to find support and funding for the Shepparton facility, the Victorian Government has offered $22 million.
The money will complement $78 million being invested by SPC Ardmona parent company Coca-Cola Amatil.
According to a metropolitan newspaper, Coca-Cola Amatil will enter a legally binding agreement to maintain a minimum of 500 full-time equivalent jobs for three years and to refund all state government funds if it ceases operations in Shepparton within five years.
Kagome’s general manager of processing operations, Ian Bradney, said the funding news was extremely positive.
‘‘From Kagome’s perspective, it will be beneficial for Kagome to continue supplying tomatoes to SPC Ardmona.’’
He said this was about 8000 tonnes a year.
‘‘The amount is negotiated each year depending on the sales forecast for SPC Ardmona.’’
Campaspe Shire mayor Ian Maddison welcomed the funding.
‘‘This announcement recognises the importance of SPC to the Goulburn Valley and broader economy by the State Government,’’ Cr Maddison said.
He said the Goulburn Valley played an important role in Australia’s overall food production and the investment in SPC not only secured the modernisation program but provided much-needed job security.
Victoria’s food and fibre industry accounts for 29 per cent of Australian food exports, he said.
‘‘As well as being important for Goulburn Valley region, this is great news for the Shire of Campaspe specifically as our shire is significantly dependent on horticulture production and processing.’’
‘‘I would encourage the community to continue to show their support to SPC by buying their products and look forward to this iconic brand continuing for future Australians.’’
Member for Murray Sharman Stone said it was great news for the Goulburn Valley and Australia as a whole.
Coca-Cola Amatil has confirmed it will be pressing on with its $100 million redevelopment of SPC Ardmona.
Beautiful weather greeted Tungamah residents for the 18th running of the Tungamah Lions Ten Thousand on Sunday.
When Keith and Marion Grumley and their growing family moved to Tatura on January 18, 1968, little did they know that it would be the start of a long and lasting connection to the town.
A snake was spotted this afternoon.
Rochester Rotary Club has celebrated its 50th birthday in style.
Sorting future of Campaspe pools
A theatre production with a difference is coming to Seymour.
Local athletes will go head-to-head with some of the best competitors from around the world in swimming and athletics in December.
District residents and visitors will be able to enjoy some of the region’s most beautiful private gardens on Sunday.
The 116th annual Cobram Show went off with a bang at the weekend, drawing in crowds from far and wide for two days of fun.
Tomorrow is a Total Fire Ban day in Deniliquin, meaning no fires can be lit in the open and all fire permits are suspended.
Fifty new full-time jobs will be created at Tatura with a multimillion-dollar expansion of the abattoirs expected to be announced today.
Remembering Australian political giant Gough Whitlam who once called on Benalla police to stop then Treasurer Frank Crean on his journey up the Hume to phone the PM.
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.