Kyabram

Kyabram, Victoria, Australia
Town Profile
Town Profile
Photos
Location of Town
Town Reviews
Town Accommodation
  • SPC Ardmona

    SPC Ardmona, trading as SPC, is an Australian-based company, owned by parent company Coca Cola Amatil that specialises in large fruit packing and owns and operates a canning factory in Shepparton and Kyabram. SPCA closed its Mooroopna processing plant in 2011.[1]

    History

    The Shepparton Preserving Company is the full name of SPC.
    SPC Ardmona was formed in 2002 by the merger of the former Shepparton Preserving Company (SPC) and Ardmona.[2] SPC was incorporated as a public listed company in 1912, and Ardmona opened in 1921.[2] The company is currently owned by Coca-Cola Amatil in an acquisition that was finalised on 25 February 2005.[2][3]

    SPC Ardmona carries the SPC, Goulburn Valley, Ardmona, IXL,[4] and Taylors brands.[5]

    Financial issues

    In October 2013, the company sought financial assistance to modernise from the Federal and Victorian governments. SPCA requested A$ 50 million, including 25 million pledged to it by Kevin Rudd 4 days before the last Federal election. It wants the Victorian Government to match the Federal grant.[6]

    SPCA lost $25 million in 2013, compared to a $70 million profit 8 years earlier. In 2012, SPCA disposed $100 million of fruit bought under contract because it could not be sold, blaming it on “plummeting” local and export orders.[7] A former Coca-Cola Asia executive, Peter Kelly, went to the company in April 2013 to attempt to turn it around.[7]

    In early 2014, SPCA sought $25 million of government assistance as part of a plan to upgrade the Shepparton cannery. The proposal was later rejected by the Abbott Government.[8] Shortly afterwards however, the Victorian Government announced that $22 million would be provided.[9]

    In November 2016 Woolworths ended their contract with SPCA for the supply of tinned tomatoes and would not renew it. However the 5-year deal to provide tinned fruit is still ongoing. [10]

    Turnaround

    In March 2014 SPCA signed a deal with Woolworths to supply an extra 24,000 tonnes (53,000,000 lb) of local product, worth $70 million, over 5 years.[11] They will supply Woolworths with beans,[12] canned tomato soups and all its home brand fruit.[13]

    Peter Kelly, SPCA managing director, said that Australian consumers are buying more fruit in response to the company’s problems, with sales in the first 2 months of 2014 up by 60%[11] at Woolworths alone.[12]

    References

    1. ^ Mitchell, Sue (2013-05-01). “Canning not so peachy”. The Land. Retrieved 2013-12-21.
    2. ^ a b c “Our Rich History”. SPC Ardmona. 2006-02-25. Retrieved 2014-03-11.
    3. ^ “CCA Acquires SPC Ardmona”. Archived from the original on 30 September 2009. Retrieved 2009-12-01.
    4. ^ “SPC to acquire IXL for $51 m”. The Age. www.theage.com.au. 2004-05-12. Retrieved 2014-03-11.
    5. ^ “SPC Ardmona – Healthy Brands”. Retrieved 2014-03-11.
    6. ^ Heath, Joanna (2013-12-20). “SPC rattles the can”. The Land. Retrieved 2013-12-21.
    7. ^ a b Neales, Sue (2013-10-05). “Without a $25m pledge, SPC `risks going under”. The Australian. Retrieved 2013-12-21.
    8. ^ Packham, Ben. “Abbott government rejects aid package for SPC Ardmona”. The Australian. Retrieved 7 February 2014.
    9. ^ Whittaker, Jarrod (11 March 2014). “$22m lifeline for SPC Ardmona”. Shepparton News. Retrieved 13 February 2014.
    10. ^ staff, Guardian; agencies (2016-11-08). “Woolworths walks away from SPC Ardmona deal on tinned tomatoes”. The Guardian. ISSN 0261-3077. Retrieved 2017-01-05.
    11. ^ a b “SPC Ardmona signs $70m deal with Woolworths to supply fruit and vegetables”. ABC News (Australian Broadcasting Corporation). Abc.net.au. 2014-03-11. Retrieved 2014-03-11.
    12. ^ a b “SPC wins $70m Woolworths deal”. The Australian. theaustralian.com.au. AAP. 2014-03-11. Retrieved 2014-03-11.
    13. ^ Hartge-Hazelman, Bianca (2014-03-11). “SPC Ardmona signs $70m Woolies deal”. The Sydney Morning Herald. Smh.com.au. Retrieved 2014-03-11.

    External links


  • No Records Found

    Sorry, no records were found. Please adjust your search criteria and try again.

    Google Map Not Loaded

    Sorry, unable to load Google Maps API.

  • Leave a Review

    Your email address will not be published. Required fields are marked *

  • Town Accommodation:

PUT YOUR BUSINESS ON

THE  AUSTRALIAN MAP

Click for Free Business Listing