Coreas Distribution Ltd. (CDL) has announced the impending ground-breaking of its state-of-the-art distribution centre and offices at Diamond.
CDL is a member of the Goddard Enterprises/Agostini’s Limited joint venture company, Caribbean Distribution Partners Limited (CDP).
Coreas Distribution is one of seven fast moving consumer goods (FMCG) distribution companies within CDP with a very successful track record based on its strong and lasting relationships with strategic suppliers, customers and government stakeholders.
Chief executive of CDL, Jimmie Forde, who is a stalwart of the regional FMCG industry, said he is delighted with the EC$27.7 million investment at Diamond.
“Our team has done well with the facilities which we currently occupy, but we look forward to treating our Customers to a more efficient service while housing our enthusiastic team in upgraded facilities,” Forde said.
Local architect Aurin Bennett provided architectural services for the project which has been two years in the planning.
The new Distribution Centre will have 48,000 square feet of warehouse space split between dry, frozen and chilled storage.
Offices and employee facilities will cover an additional 12,500 square feet.
The project is expecting to create employment opportunities for approximately 120 persons during construction.
Group CEO of CDP, Tracey Shuffler, stated that the investment in CDL’s facilities forms part of a strategic decision to ensure that all group’s facilities reflect the shareholders’ dedication to regional expansion and investment.
“This project in St Vincent and the Grenadines follows similar facility expansions in St Lucia, Grenada, Trinidad and Barbados. We see this most recent project as necessary, despite prevailing circumstances, in order to be well prepared for future growth,” she said.
$28 million? I do not believe it, not even if the value of the land is included.
Another election ploy? You all think we are fools eh, or we dotish?