Lebanon Businessnews News

Tony’s Food to open
factory in Mkalles
To triple production and export to Arab region and Europe
Share     Share on Facebook     Share on LinkedIn    
Tony’s Food, a manufacturer of frozen ready-to-eat food products, will open a factory in Mkalles late 2015.

Tony Cherfan, Chairman, said: “Expanding became a must to achieve growth.” He said that the company will launch new varieties of ready-to-eat food and sweets.

Investment in the project is estimated at $7 million, including the cost of the land. The built-up area of the factory is 4,000 square meters. Cherfan said that it will be equipped with high-tech automated machines.

The facility will create around 50 full time jobs. It will triple its production capacity to $9 million per year. Cherfan said that the company aims to export 25 percent of its production to Saudi Arabia, the UAE, Turkey and European countries.
Reported by Rania Ghanem
Date Posted: Jul 24, 2015
Share     Share on Facebook     Share on LinkedIn