Alessandro Boyd, Gleaner Writer
THE FACTORIES Corporation of Jamaica Limited (FCJ) celebrated its 25th anniversary of operation as an entity committed to nation building on Thursday. The company hosted its Silver Anniversary Awards Banquet at the Wyndham hotel in Kingston.
During the ceremony, the company paid tribute to its visionaries, founders and developers, including the company's chairmen, managing directors and longest-serving employees, who have played a stellar role in FCJ's growth and development.
Two such awardees at the banquet were former prime ministers Edward Seaga and P.J. Patterson.
"Achieving the milestone of a quarter of a century in business is no easy feat because in a harsh economic environment, the weak fall by the wayside. Over the 25 years of its operation, the FCJ has proven itself to be an important cog in the process of nation building," said Industry, Investment and Commerce Minister Anthony Hylton.
According to Hylton, the unyielding commitment to the enhancement of the country's productive sectors was evident. "I use the opportunity on behalf of the country to thank the outstanding individuals from the FCJ, who have put in some stellar work towards the achievement of that goal," he added.
KEY ROLE TO PLAY
With the country experiencing a high unemployment rate, a high crime rate and consecutive quarters of negative economic growth since January, Hylton said companies such as FCJ could play an important role as Jamaica strives to achieve sustainable growth in the future.
"It is no secret that we are operating in challenging times, and in order to navigate these sometimes turbulent waters, the country must devise sustainable growth strategies. Jamaica is in a debt crisis that has been exacerbated by a worldwide recession," Hylton said.