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Mission Produce Inc T.AVO


Primary Symbol: AVO

Mission Produce, Inc. is engaged in the farming, packaging, marketing, and distribution of avocados to food retailers, distributors and produce wholesalers. It operates through three segments: Marketing and Distribution, International Farming, and Blueberries. Its Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. Its farming activities range from cultivating early-stage plantings to harvesting from mature trees. Its Blueberries segment is a farming operation that cultivates blueberry plants in Peru. It provides value-added services including ripening, bagging, custom packaging, logistical management, and quality assurance. The Company also provides its customers with merchandising and promotional support, insights on market trends and hands-on training.


NDAQ:AVO - Post by User

Bullboard Posts
Comment by ErskineReidon Mar 06, 2015 1:31pm
316 Views
Post# 23498186

RE:RE:RE:RE:RE:Fernandes & Jung the new Balsillie and Lazaridis boys....

RE:RE:RE:RE:RE:Fernandes & Jung the new Balsillie and Lazaridis boys....I cannot understand how some associate negative risk to their headquarter and US manufacturing moves. They're running out of space for employees and are able to secure triple the square footage with a mortgage cheaper than their current rent. They can double their manufacturing capacity with a new plant in Texas at no extra cost compared to using their current third-party logistics provider. Not only will it make them even more competitive in their main market, it will give them access to large deals with "Made in USA" requirements.

Triple the headcount and production output at constant infrastucture cost sounds like profit to me.
Bullboard Posts