SPC Global rejigs manufacturing as juice plant to close in summer [Yahoo! Finance]
ASX LTD UNSP/ADR (ASXFY)
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Source: Yahoo! Finance
Australia food and drink group SPC Global is restructuring its manufacturing footprint, including closing a juices plant in Melbourne. SPC Global said it plans to shutter its Mill Park juice facility in Victoria state in August, a site that produces the company's Original Juice Co. and Juice Lab Wellness Shots brands. Listed on the Australian Securities Exchange, SPC Global said in a bourse filing today (26 February) that the move is “part of a broader shift to a demand-led operating model” designed to lower costs and improve its “ability to scale domestically and internationally”. The company became SPC Global in 2024 following the merger of its own operations with the Original Juice Co. and Nature One Dairy, a brand of infant-formula and baby foods. It also brought together SPC's packaged fruit, tomatoes and baked beans businesses under one roof, including the Ardmona, Goulburn Valley and Street Eats lines. As part of the upcoming production transition, SPC Global said its
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