“…a bold new step for the Australian food industry”
At the end of August, SPC Ardmona announced it is expanding its range with the introduction of Australian-grown Ardmona canned cherry tomatoes onto supermarket shelves.
Working with Australian growers in Victoria’s Goulburn Valley, the launch of the Ardmona Cherry Tomatoes is a first for the industry, as Australians previously had access only to imported canned cherry tomato products.
The cherry tomatoes have been launched in Independent Grocers of Australia (IGA) stores nationally. They are – or will be – available on shelves at all leading independent supermarkets. Fred Harrison, CEO of Ritchies Supa IGA, said that the introduction of the cherry tomatoes marks a bold new step for the Australian food industry.
“Canned cherry tomatoes from Australia have been missing from shelves until now. We can finally give Australians the option to buy a home-grown product that tastes great and supports local growers,” he said.
“We’re especially proud to be first supermarket in Australia to stock the Ardmona cherry tomatoes. It’s a great sign of SPC’s commitment to supporting the Australian food industry – including growers and retailers.”
SPC performance 'improved'
In early September, Coca-Cola Amatil’s half yearly report said SPC Ardmona has recorded ‘‘improved’’ earnings in the first half of the year. The report said SPC’s performance had improved due to reduced depreciation but did not disclose the figures, adding that SPC was continuing its transformation into a profitable modern food business.
‘‘SPC is making solid progress in delivering on its investment program, and has been well supported by its major customers and loyal consumers. However, returning to profitability is taking longer than had been expected. The SPC team has worked hard to deliver on the investment plan objectives and has made significant progress in modernising its manufacturing capabilities and bringing new innovative products to market, such as ‘ProVital’, ‘Perfect Fruit’ and several snacking-fruit products,’’ the report said.
‘‘We see a strong future for SPC as it continues to expand its range of products and targets additional markets.’’
The report said the joint investment program with the Victorian Government was expected to be completed this year.