PUERTO RICO: Star Kist in trouble
Star Kist Caribe, a Heinz subsidiary, recently celebrated 40 years of operation in Puerto Rico, yet the plant has not lived up to its true potential. According to management, the government has not come through with promised upgrades to the Bay of Mayaguez that would have made it possible to increase both production and cost competitiveness. The finger of blame was pointed at the Industrial Promotion Company of Puerto Rico (Pridco), the ports authority, and the corps of engineers for not dredging a channel which would have allowed heavier ships to enter the port of Mayaguez and leave off their cargo at the plant. Star Kist plant, which has a cooking capacity of 16 tonnes, is a leading employer in the region and, until recent years, generated 36 percent of the industrial jobs in Western Puerto Rico. Since then, the lack of a deep channel has eaten into the plant's ability to compete with others in the Pacific. This in turn caused the layoff of more than 1,500 workers. The plant now employs 1,700 workers and has an annual payroll of US$25m.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- 2017: three major drivers of M&A strategy
- just-food 2017 Survey - your thoughts on growth
- Food market in 2017: need-to-know US trends
- 2017 - what will shape the UK food sector?
- Could BRF's Turkey move pave way for OneFoods IPO?
- Premier Foods issues profit warning
- UK's Bakkavor plays down IPO "speculation"
- Ferrero insists Nutella not pulled from shelves
- Lindt sees FY sales acceleration on Europe growth
- Unilever sets packaging target