Tuesday 26 August 2008

Erskine Park. Goodman Fielder gets go-ahead

Goodman Fielder has NSW Government approval for a $20 million food production and warehouse facility, at Erskine Park, that will deliver around 150 construction jobs and a further 120 staff when operational. The facility will produce liquid groceries such as salad dressings, mayonnaise, table sauces and vinegar with a production capacity of around 20,000 tonnes, as well as dry products such as cake and bread mixes. The company’s net profit for the year to June 30 was $27.7 million, down from $239.8 million in 2007. Reasons for the fall of 88.4 per cent included rising commodity prices, transport costs and competition from supermarket giants’ house brands.

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