As expansion continues, US revenue capacity nears $700m

Greencore’s first production facility on the west coast of the US could nudge overall long-term annual revenue capability from its American operations up to almost $700 million (€563m).

Earlier this year, chief executive Patrick Coveney said that the planned new sandwich manufacturing facility at Rhode Island (due to be operational next spring) would boost US operations revenue capacity from around $350m to $600m per year.

Speaking yesterday, on the back of a strong set of annual results, Mr Coveney said that the planned production facility in Washington State — also announced yesterday — could further boost revenue capacity from the group’s US operations by another $40m-$50m per annum.