544
544 points
Loading...
THE difficult operational environment in Apapa, Lagos business district, currently being accentuated by perennial traffic gridlock, may have informed plans by Honeywell Flourmills Plc to relocate its plants to Sagamu in Ogun state.
Specifically, the company noted that it was planning a bigger factory expansion as it had fully utilized the space allotted to it at the Tin Can Island Port in Apapa, Lagos.
  Speaking at the company’s yearly customers’ forum in Lagos, Wednesday, the Executive Vice Chairman/Chief Executive Officer of the company, Babatunde Odunayo, noted that the move became necessary in order to cater for the growing demand of its products as well as innovative enterprise in the years to come.
Odunayo said: “Due to the congestion and space constraint at Tin Can Island Port, we have acquired 64 hectares of land around the Sagamu interchange along the Lagos – Ibadan express-way. This vast expanse of land will be used for future expansion including new Pasta, Noodles, and Flour factories for increased production of all our products. The future, indeed, looks very bright for all of us to grow our businesses.
 “This expansion is therefore a further testimony of consumers’ confidence and wide acceptance of our products. We see this positive trend continuing and are very upbeat about the future growth and prospects for this company. And we know you will support us to achieve this goal.”
He explained further that though the company had just merged with another entity, resulting in the emergence of a larger entity, there is a need to expand its operations to cater for growing customer demands.
Following approval of the court and shareholders of the company, a business combination of Honeywell Flour Mills Plc and Honeywell Superfine Foods Ltd was effected. This led to the dissolution without winding up of Honeywell Superfine Foods Ltd and the company has now become the Ikeja Factory of Honeywell Flour Mills Plc.

If you have enjoyed this post, do consider sharing it with your friends for their own enjoyment too using any of the social networks below. Thank you.

Loading...
LATEST NEWS & JOBS SUBSCRIPTION

Be 1st to know! Join over 8000+ others receiving our latest news, job vacancies, and other cool stuff direct to their inbox.

Thank you for subscribing.

Something went wrong.

Powered by Best Social Sharing Plugin for WordPress Easy Social Shre Buttons


Like it? Share with your friends!

544
544 points

What's Your Reaction?

Lol Lol
0
Lol
Love Love
0
Love
angry angry
0
angry
Like Like
0
Like
Dislike Dislike
0
Dislike
omg omg
0
omg
Admin

0 Comments

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Please Share

Spread the word. Let your friends know!
Later
This window will automatically close in 14 seconds
Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format
LATEST NEWS & JOBS SUBSCRIPTION

Be 1st to know! Join over 8000+ others receiving our latest news, job vacancies, and other cool stuff direct to their inbox.

Thank you for subscribing.

Something went wrong.

Powered by Best Social Sharing Plugin for WordPress Easy Social Share Buttons
LATEST NEWS & JOBS SUBSCRIPTION

Be 1st to know! Join over 8000+ others receiving our latest news, job vacancies, and other cool stuff direct to their inbox.

Thank you for subscribing.

Something went wrong.

Powered by Best Social Sharing Plugin for WordPress Easy Social Share Buttons