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Lasco invests more than US$23m on expansions

The Lasco Affiliated Companies invested more than US$23 million on expansion efforts across Lasco Manufacturing Limited, Lasco Distributors Limited and Lasco Financial Services Limited in the last financial year.  
    
As at May 1, the combined market capitalization reached an impressive $53.8 billion, putting the group of companies fourth behind the major banks – National Commercial Bank, Scotia Jamaica and Sagicor Group Jamaica – on the Jamaica Stock Exchange (JSE).
    
Lasco Manufacturing invested US$12 million 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 product Lasco iDrade, a hydration drink.
    
The boosted operational capacity comes ahead of new flavours due out this summer.



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