WIBISCO ready to do more

The West India Biscuit Company Limited (WIBISCO) is investing $2.6 million in new packaging and equipment as it prepares to take a fresh crack at the export market. Speaking on the heels of WIBISCO being named Caribbean Exporter Of The Year, WIBISCO general manager Adrian Padmore told BARBADOS BUSINESS AUTHORITY that the company expected to “open up at least one new market” next year, and “one or two new products” were also on the way. The long-standing Barbados manufacturer has met all of the requirements to export to Cuba and it hopes to start doing so soon, and Padmore said Central America was also being eyed as part of an expanded export thrust. WIBISCO, which earned a $8.4 million profit for the financial year ended August 31, now exports to 20 markets, many of them in the Caribbean, and including the United States, United Kingdom and Canada. Its export sales represent 55 per cent of total production.

Source: http://www.nationnews.com/nationnews/news/91326/wibisco-ready