Goodman Fielder plans expansion

GOODMAN Fielder (PNG) Ltd has invested more than US$160 million (K548.97mil) in operating a business in the country and plans to expand, according to general manager Manish Randev.
The company opened a rice plant for its Skel Rice brand in Port Moresby last week at the cost of more than US$3 million (K10.29mil).
It will be investing another K500 million for a plant in Lae.
“We are further looking at expanding, hence, our investment will continue to grow,” Randev said.
He said the company was committed to making everyday food better for everyone, focusing on quality, consistency on delivery and ensuring an affordable price.
The company has seen a significant growth in its Skel Rice brand over the past 18 months and invested in the rice plant at Badili.
“Skel Rice has been performing very well and people have accepted it very well,” Randev said.
“We abide by all the laws and protocols and we ensure that we abide by all those rules and regulations.”
The company has also invested in staff and 100 students from various institutions.
K500,000 has been budgeted for training during the year for sales, operations and soft skills training.
The new rice plant created an additional 129 jobs on top of the existing 1,043.
It will support growth in Central, Western, Gulf and Milne Bay and provide service in Southern.
Goodman Fielder’s brands include Flame flour, oil, stock feed, Skel Rice, Twisties, MeadowLea margarine, Arthur’s Pie and Bilas bread.
All Goodman Fielder products are sold in all the major retailers as well as other supermarkets across the country.