Lasco Companies invests more than US$23m on expansions

Lasco Companies
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Kingston, Jamaica (Mckoy’s News) – Over 23 million dollars have been invested by Lasco Companies for expansion efforts at its branches island-wide.

The companies include Lasco Distributors Limited, Lasco Financial Services and Lasco Manufacturing Limited.

 

The investments come ahead of new flavours to be introduced to the market in Summer 2017.

 

As of May 1, 2017 the combined market capitalization reached an impressive 53.8 billion dollars putting the group of companies fourth behind four major financial companies in Jamaica include the Jamaica Stock Exchange.

 

Lasco Manufacturing invested 12 million US dollars and now features three modern production lines in the Liquid Plant, producing the award winning Lasco ICool range of water and juice drinks, and their newest production Lasco IDrade; a hydration drink.

Dr. Colin O. Jarrett Mckoy’s News Correspondent

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