SPC Australia: Difference between revisions
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SPC Global carries the SPC, Goulburn Valley, Ardmona, Provital, Pomlife and Helping Humans brands. |
SPC Global carries the SPC, Goulburn Valley, Ardmona, Provital, Pomlife and Helping Humans brands. |
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Currently, Hussein Rifai is the Chairman |
Currently, Hussein Rifai is the Chairman of the Company. |
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In August 2021, SPC Global mandated COVID-19 vaccinations for all staff, contractors, and visitors by November to be allowed entry to all their offices and factory sites. It announced it would provide staff paid vaccination leave and up to two days of special leave to recover if they became unwell after receiving the shot. With that, it became the first Australian company to mandate vaccines for all onsite staff and visitors.{{Cite web |last=Morgan |first=Henrietta Cook, Dominic Powell, Cassandra |date=2021-08-05 |title=Australian workplaces set to follow SPC’s move on mandatory jabs |url=https://www.smh.com.au/national/australian-workplaces-set-to-follow-spc-s-move-on-mandatory-jabs-20210805-p58g61.html |access-date=2023-05-09 |website=The Sydney Morning Herald |language=en}} |
In August 2021, SPC Global mandated COVID-19 vaccinations for all staff, contractors, and visitors by November to be allowed entry to all their offices and factory sites. It announced it would provide staff paid vaccination leave and up to two days of special leave to recover if they became unwell after receiving the shot. With that, it became the first Australian company to mandate vaccines for all onsite staff and visitors.{{Cite web |last=Morgan |first=Henrietta Cook, Dominic Powell, Cassandra |date=2021-08-05 |title=Australian workplaces set to follow SPC’s move on mandatory jabs |url=https://www.smh.com.au/national/australian-workplaces-set-to-follow-spc-s-move-on-mandatory-jabs-20210805-p58g61.html |access-date=2023-05-09 |website=The Sydney Morning Herald |language=en}} |
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Latest revision as of 01:19, 19 July 2023
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| Formerly | SPC Ardmona |
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| Predecessors |
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| Founded | 1917 |
| Parent | SPC Global Limited (2019-current) |
SPC Global Limited, formerly SPC Ardmona, is an Australian-based global agribusiness that specialises in food manufacturing, in particular large fruit processing and packing and owns and operates a factory in Shepparton and is one of the biggest employers in the Goulburn Valley region.
History[edit]
Started in 1917 by a group of fruit growers in Victoria’s Goulburn Valley as a cooperative which they named the Shepparton Fruit Preserving Co. Ltd. The company began operations in February 1918, canning pears, peaches and nectarines under the brand name of SPC. SPC was incorporated as a public listed company in 1912, and Ardmona opened in 1921.[1]
SPC Ardmona was formed in 2002 by the merger of the former Shepparton Preserving Company (SPC) and Ardmona.[1]
SPC Ardmona was bought by Coca-Cola Amatil in 2005 for A$750 million.[2] In that time, CCA had also invested about A$250 million in infrastructure, and the Victorian government had provided A$22 million in co-investment.[3]
It acquired IXL and Taylors brands in 2004,[4].
SPCA closed its Mooroopna processing plant in 2011 and it’s Kyabram factory was sold in 2019.[5]
Coca-Cola Amatil sold SPC in 2019 for A$40 million to Shepparton Partners Collective, now known as SPC Global Limited[6] who implemented strategies for global growth.[7]
SPC Global carries the SPC, Goulburn Valley, Ardmona, Provital, Pomlife and Helping Humans brands.
Currently, Hussein Rifai is the Chairman of the Company.
In August 2021, SPC Global mandated COVID-19 vaccinations for all staff, contractors, and visitors by November to be allowed entry to all their offices and factory sites. It announced it would provide staff paid vaccination leave and up to two days of special leave to recover if they became unwell after receiving the shot. With that, it became the first Australian company to mandate vaccines for all onsite staff and visitors.[8]
Former Financial problems[edit]
SPC Ardmona lost $25 million in 2013, compared to a $70 million profit 8 years earlier. In 2012, SPCA disposed $100 million of fruit bought under contract because it could not be sold, blaming it on “plummeting” local and export orders.[9] A former Coca-Cola Asia executive, Peter Kelly, went to the company in April 2013 to attempt to turn it around.[9]
In October 2013, SPCA sought A$50 million financial assistance from the Federal and Victorian governments to modernise its operation. It wanted the Victorian Government to match the Federal grant.[10] In early 2014, SPCA sought $25 million of Federal government assistance as part of a plan to upgrade the Shepparton cannery which was…
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