KINGSTON, Jamaica, January 18, 2014
Ackee Wines - Bold Ones |
“Jamaican
manufacturing needs a level playing field if it is to succeed, that’s what
we’re asking for. Reduce and do away
with the bureaucracy that presently faces the business sector.”
National Bakery’s
Chairman, Gary ‘Butch’ Hendrickson made this call at the official Launch of
National Bakery’s 2014 ‘Bold Ones: New Champions of Manufacturing’ campaign.
The event took place at the Jamaica Pegasus Hotel on Tuesday, January 14.
Eight Jamaican
companies were honoured as New Champions of Manufacturing. They are: Spring
Vale Enterprises, Lincoln Gordon and Sons, EcoFarms Jamaica Limited, Lifespan
Company, Irie Rock Limited, Journey’s End Wine Company, Bartley’s All in Wood
and D’Nex Step Sandals and Accessories.
This is the third
such programme, bringing National Bakery’s total sponsorship of some 27 new
manufacturers to almost $90 million.
Over the next six months, the selected companies will receive multimedia
promotional packages, extensive advertising and publicity – including being
featured graphically on the sides of the national baking trucks as they
traverse the island – and will be hosted by National Bakery at
its Pavilion at the upcoming EXPO JAMAICA 2014.
Mr. Hendrickson
called particularly for the removal of duties on manufacturing inputs, citing a
recent instance where his company, having invested some J$420 million in new
equipment, found itself facing additional tariffs of $80 million.
Continuing, Mr.
Hendrickson said, “I’m really hoping that our Governments will grasp the
critical importance of added value. Manufacturing creates added value, which in
turn creates profits, new jobs and overall a better economy and quality of life
for Jamaicans.”
To the
entrepreneurs selected, Mr Hendrickson said the selection team was impressed
with the professionalism and enthusiasm demonstrated by them and urged them to
“be Jamaican without apology, but put forward the best of Jamaica.”
In giving his
endorsement of the 2014 ‘Bold Ones’ programme, Jamaica Manufacturers’
Association (JMA) president, Brian Pengelley, also called on the Government to
work more assiduously in reducing and eliminating costs and waste so as to
create a truly business-friendly environment.
The manufacturing
sector, Mr. Pengelley said, remained a critical sector to the economy. It
employs some 75,000 persons, earning over USD 900million from exports, and
contributes some 13% of all taxes collected as well as 8% to GDP.
“We appreciate the
strides made to fate, but we as manufacturers would still want to see the
Government tackle a number of serious issues, including tax reform, removing
bureaucracy, stabilizing currency movements to allow for better planning,
reducing energy costs and crime,” Mr. Pengelley said.
Also speaking at
the launch Private Sector Organization of Jamaica (PSOJ) President, Christopher
Zacca, lauded National for starting and sustaining the initiative, describing
it as “a great positive start to the year.” Mr. Zacca said it was long
established that small and medium enterprises were key to development,
particularly in transitioning economies such as Jamaica’s, as they contributed
to job growth, improved innovation and community development.
He countered
however by saying that the SME sector was the most vulnerable to a poor
business environment, high taxes, inefficient and costly bureaucracy,
corruption and crime. In light of this Mr. Zacca said, “for the country to
achieve its full economic potential, major improvements in the business climate
will be necessary, to nurture, facilitate and encourage small businesses.”
He added that
great progress had been made but that the PSOJ, in seeking to further advance
the cause of Jamaican businesses, was presently developing a multi-point agenda
for the promotion of the sector and to foster greater co-operation between
large and small enterprises.
This year’s ‘Bold
Ones,’ being the third group chosen since 2010, had the privilege of hearing
testimonials from two of the initial Bold Ones, Michelle Smith of Chocolate
Dreams, and Dennis Hawkins of Spur Tree Spices.
Calling the
programme “a dream come true” Smith told the audience that the inclusion in the
programme has had a significant positive impact on her company. “We recently
completed a mini-expansion at our plant, have also increased our presence in
the retail market through outlets at Loshusan Supermarket in Kingston and at
the Sangster International Airport in Montego Bay, and we recently completed
our first export order to Antigua.”
For his part,
Hawkins, speaking on behalf of business partner Mohan Jagnarine, said that
since its ‘Bold Ones’ campaign in 2010, the sauces and spices company had moved
to a much larger base, had quadrupled output, more than doubled sales and had
grown exports to the point where they now accounted for 70% of total sales
revenue. He encouraged this year’s class of Bold Ones to plan and carefully
consider their overheads and expenditure needs, and to put a proper financial
records system in place. Mr. Hawkins also emphasized the importance of
believing in their brands and in particular, encouraged them to wear their
brands, citing numerous valuable business contacts made locally and overseas by
virtue of wearing his Spur Tree branded shirt.
Replying on
behalf of the eight chosen companies, Sandra McLeish, Managing Director of
Springvale Enterprises, thanked National Bakery for the wonderful opportunity
provided by the programme, “Your incredible generosity has made us all very
happy, and are excited to embark on this tremendous journey.” The entrepreneur
also acknowledged the previous ‘Bold Ones’ for sharing their experiences and
said that the companies were eager to learn from their more established
counterparts and from the National team.
Sweet - Bold Ones |
ABOUT
NATIONAL BAKERY (Continental Baking Company)
National Bakery is the leading
manufacturer of baked goods in Jamaica, offering a wide range of products under
three distinctive brands: National, HTB, and HoMade. Started in 1952 as a
family-owned bakery, the company has expanded from its humble beginnings to
become the top producer of breads, buns, crackers and other baked products in
the island.
The company operates on a 220,000 sq.
ft. complex with a state-of the-art biscuit and bread plant. There are over 700
people in the National family. National distributes its freshly made products
islandwide each day. The company also exports a variety of its products to the
United Kingdom, the United States, Canada and other Caribbean Islands.
This comment has been removed by the author.
ReplyDeleteGood blog Noel Chin Keep it up!
ReplyDeleteHoward Coxe