BY STEVEN JACKSON Business reporter jacksons@jamaicaobserver.com Wednesday, April 22, 2015
THE international expansion of the GraceKennedy (GK) group puts it on an imminent path to earn half of its revenues outside the island with one-third of its staff based overseas.
GK now earns 43 per cent of total revenue outside Jamaica compared to 36 per cent in 2013, stated GK in its management discussion accompanying its just released annual report 2014. Its expansion in 2014 was driven by the much discussed acquisition of LaFe Foods in the US, but also organic growth in Europe and Africa.
http://www.jamaicaobserver.com/business/GK-set-to-earn-half-its-revenues-overseas_18797642
