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.
Shepparton girl Estelle O'Keeffe moving to Los Angeles after being accepted into American Musical and Dramatic Academy.
The Yarrawonga Mulwala Cricket Club A Grade team lost its semi-final clash against Bruck on the weekend, bringing to an end their 2014-2015 season.
On March 5, Member for Northern Victoria Wendy Lovell visited the Tatura Guides, to speak about leadership and also of her experiences when she was a Guide.
District football clubs are adamant their players are not using ice before games to enhance their on-field performances.
The 28th Fleche Opperman 24-hour team time-trial finished in Rochester last Sunday as exhausted cyclists rolled into town shortly after sunrise.
Two teams, two premierships for Kyabram
A new project developed by Mitchell Shire Youth Council members.
The 2015 Emirates Melbourne Cup will feature at the first ever Finley Autumn Cup in Berrigan on Saturday.
Heathcote Primary School students are asking the community to show their support for student efforts to stamp out bullying.
A group of Cobram Secondary College will travel to Borneo later this year to participate in the World Challenge.
Three Deniliquin players have been named in the Murray Valley Cricket Association’s Team of the Year.
The biannual Poll Dorset Conference at Moama last week heard breed associations worldwide are being challenged to innovate and remain relevant to their members and customers.
This week, a hundred years ago, Ataturk founded the republic of Turkey. Meanwhile in Benalla, nominations closed for the Benalla Cup horse races.
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