CAMPDEN PARK, ST. VINCENT — East Caribbean Group of Companies (ECGC) has unveiled plans to invest approximately $3.7 million in a new flour mill at its headquarters in Campden Park and other supporting capital projects in 2022 and 2023.
“This new flour mill investment will increase our flour production capacity by 34%,” said J Robert Cato, chief executive officer of ECGC. “We see export demand rising as markets recover post-pandemic across the region.
“Our animal feeds business is strong. (It) grew by 15% in 2021, and we are on track for more growth. I am excited that we are able to create strong value for farmers, bakers, hotels, restaurants and homemakers across the Caribbean.”
ECGC said Brazilian firm Sangati will supply the mill with flour milling equipment, while Turkish-based milling equipment and construction specialist firm Alapala is in discussions for the supply of the steel structure for the new mill building.
“In 2021, we launched a growth strategy focused on plant excellence, commercial agility and profitable export expansion,” Cato said. “This new mill and the supporting capital investments are in line with that strategy, and we expect the new flour mill to strengthen the innovation capacity of ECGC. We see a clear path for creating exciting baking products and adding significant value to our business. With this investment in technology, we will double the range of offerings we can provide.”
The new mill is slated for completion by mid-2023.
Founded in 1977 by P.H. Veira in partnership with Maple Leaf Foods of Canada and the government of St. Vincent & the Grenadines, ECGC generates 70% of its sales from exports into the Caribbean and international markets, including Canada and the United States. The company’s main flour brands are Easy Bake Flour, Purity, CariGold, Nelson and its flagship label Cream of the Islands. The company also offers animal feeds, rice and beverages.