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ABL announces US$100m expansion project

28/02/2015
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Accra Brewery Limited (ABL), has announced steps to increase its production capacity with the inauguration of a multi-million dollar expansion project in Accra.

Christened “Project Everest,” the project, estimated at US$100 million, involves the installation of facilities to improve operational capacities and efficiencies, new state of the art packaging lines, expansive warehouse with hard stand and loading bay, two additional power generators, ten new beer storage vessels, and two additional water storage tanks.

The Managing Director of ABL, Anthony Grendon, said that the project will enable the company to increase production volumes.

“This expansion project is designed to ramp up ABL’s production capability for both beer and soft drinks to meet projected sales growth over the coming years. We set out to double our beer and soft drinks production capacity and have achieved this feat.

“I can assure you that ABL now has the production capacity to meet the untested demand for its increasingly popular products for few more years to come. Just as importantly, we are now positioned to do so in a most environmentally friendly, energy efficient way, deploying a production process that sets the benchmark in the use of locally sourced raw materials,” he said.

It is expected that the ultra-modern expansion project will bring about increased customer and consumer satisfaction and consequently lead to job creation for people, especially those in rural communities through the utilization of locally sourced raw materials like rice and cassava.

Mr. Grendon further explained: “In general terms this capacity expansion in our production will allow ABL to truly satisfy the demand of its customers and consumers, and this in turn will drive growth and stimulate increased utilization of our key local raw material inputs, namely whole maize, maize grits, cassava, rice and sorghum.”

In a speech read on behalf of the President Mahama, by the Trade Minister, Dr. Spio Garbrah, commended the company for its show of confidence in the Ghanaian economy.

“The feat that ABL has achieved despite the current crisis is worth mentioning. It is a show of confidence in the Ghanaian economy. Government is committed to creating a competitive environment for the manufacturing industry to flourish,” he said.

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