Monday, July 14, 2003 - Stakeholders of the St. Lucia Coconut Growers
Limited are painting an auspicious picture for the future prospect of the
company. The company which is better known for its Magic cooking oil and
margarine has began supplying the local and regional market with other oil
products in an effort to enhance its image.
A member of the Board of Directors, Fred Flood says, in-spite of the many
challenges the company has experienced in times past, there exist at the moment
an air of expectancy that the St. Lucia Coconut Growers will impact positively
on these markets. Flood is of the opinion that recent developments within the
company augurs well for expanding its profit margin.
Flood indicated that the company will be purchasing new equipment to make copra
producing much more economical and a much less burdensome product.
General Manager of the Saint Lucia Coconut
Growers Limited, Kenneth Gazaboun
General Manager of St. Lucia Coconut Growers Limited, Kenneth Cazaubon, is of a
similar view. According to Cazaubon, the company has great plans and already
they have begun the initial phase to introduce a set of new products on the
“We are coming out with, with our new dish washing liquid and now we are looking
at a new massage and body oil and some baby oil down the road; so there is a lot
of prospect for he company in the future.” Cazaubon said.
According to Cazaubon, they have modelled their products on those from the
international market in an effort to keep up to the competition.
Included among the future plans of the company is the enhancement of the
aesthetics of its physical infrastructure.