RE:Analyst Recommendation
he mentions in the clip the new facility is "coming on-stream next year". That doesn't jibe with Q3 report. Yes the building should be complete next year but the production line follows in 2019. ?????
As we have noted previously, we are building a state-of-the-art production facility which will enable us to meet the anticipated long-term growth in demand for our decaffeinated coffees. Construction of the new facility, which will be located in Delta, BC, began in May 2017 and is expected to be completed in 2018. Initially, this facility will house one new production line, although the site is large enough for expansion well into the future. Construction of the new production line is expected to be completed in early 2019 and commissioned in the first half of 2019. The additional capacity that was added in Q1 2016 at our current Burnaby, BC facility is expected to be sufficient to fulfill expected business growth until the new line is operational.