BLOG

Superior invests 10 million dollars

02 March 20151 min reading
Superior Milling Company has invested US$10.5 million in wheat and animal feed plant. superiror Superior Milling Company has invested US$10.5 million in setting up wheat and animal feed plant at Lusaka, Zambia. The plant will create about 300 jobs. According to the news of Daily Mail, the Company Managing Director Peter Cottan said the expansion plan will help the firm provide broad range of products to become market leaders in foodstuffs and assorted animal feed for the livestock industry. The investment is phase two of the company’s current expansion of existing maize mill in Lusaka’s Chinika industrial area where it has invested K20 million to expand the plant to double current production, venture into new markets and opportunities. “For the phase two expansion plan, we have signed an agreement with Government to put new mills plants. The ground breaking ceremony for the wheat mill and animal feed mill will be done this April,” he said. The two plants are expected to be commissioned in April 2016. Cottan said this development will bring competition to existing millers and help push down the price of flour and animal feed on the market.  
Articles in News Category
12 February 20212 min reading

Rainer Schulz takes over as Chairman of the Audit Committee

Rainer Schulz At today's annual general shareholders’ meeting of Bühler Holding AG, Ruth Metzler-...

05 November 20214 min reading

Scientists bridge theory and practice to boost climate resilience in wheat

23 January 20203 min reading

Yemen's Red Sea Mills closed again after Houthi shelling

Yemen’s Houthi rebels have again shelled a vital grain storage facility in central Hodiedah, forc...