| 05 Sep 2010 |
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Mani & Co. to begin AED 30M expansion of food production facility in Dubai Investment Park
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New equipment will supply the company's growing GCC operations by doubling UAE production capacity to 6000 MT in coming months
Dubai, September 5, 2010- Having recently reported UAE sales growth of more than 75% during the first half of 2010, Mani & Co.--one of the Middle East's fastest growing producers of naturally nutritious fruit and nut snacks--has announced plans to invest AED 30M in expansions to its UAE processing and packaging factory located within Dubai Investment Park (DIP). The expansion project is set to begin this month and is expected to be completed in October 2010, doubling the company's UAE production capacity up to 6000 MT per annum.
"Low export duties, a burgeoning UAE transportation sector and inexpensive raw materials create an ideal scenario for corporate growth," comments Abouzar Rahmani, CEO and President of Mani & Co. "We want to use the fourth quarter of this year as a time to invest in export operations and we believe that diversifying our geographic portfolio at this stage will bring significant results in 2011."
Mani & Co. has a heritage of agricultural and food manufacturing experience sustained by four generations over 120 years. The company's Dubai office was first opened in December 2004 with production operations commencing in 2009 as the company opened up its first factory in the UAE.
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About Mani & Co.
Mani & Co. has a heritage of agricultural and food manufacturing experience spanning over 120 years and four generations. Using a combination of traditional practices and state-of-the-art technology from Europe, Mani & Co. specializes in the production, distribution, trading and marketing of premium dried fruits and nuts in Europe and the Middle East and North Africa (MENA) region. The company has been honored with several international awards for its consistent quality and environmental practices. By adopting business practices that reflect the highest international standards, Mani & Co. is dedicated to supporting good health while exercising ecological responsibility throughout the product line.
For further information, please contact:
Maan Dalghan
PR Account Manager- O2 Public Relations
Mobile: +971 0504735351
Phone: +971 43122777
Fax: +971 43122788
Email: maan.d@o2pr.net
© Press Release 2010
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