Berger Jamaica invests $100m over two years
Berger Paints Jamaica Limited invested $100 million in upgrading its factory and plant over the last two years.
"Our commitment to Jamaica has been demonstrated with the investment of over J$100 million in the last two years through capital expenditure in our plant, machinery and other areas," said Mustafa Turra, general manager, in his statement accompanying Berger's annual report.
"We have enhanced our back-end capabilities, added to the automation to increase productivity as well as improve the ease of work for employees, and are now pushing to have sustainability as a permanent part of who we are."
The paint company also spent on initiatives to reduce its energy consumption by one-third.
"Our factory and offices all use only LED lights, and, coupled with our newly installed 80-kilowatt solar power plant which will provide a quarter of our total power needs, we are making positive strides to reduce our carbon footprint," Turra said.
Berger Jamaica made $122 million net profit on revenues of $2 billion for year ending
March 2016 or 82 per cent higher profit year-on-year. The company is a subsidiary of Berger International Limited which, ultimately, is a subsidiary of the Asian Paints Group.