KCG Corporation Pcl. or KCG, a prominent manufacturer, distributor, and importer of butter, cheese, and consumer products globally, takes a significant step in expanding its investments after listing on the Stock Exchange of Thailand (SET). With a clear investment plan, KCG aims to increase production, enhance distribution centre systems, and modernise storage facilities, all while focusing on developing innovative food products that bring pleasure to every meal and cater to consumers of all ages and genders, ensuring sustainable growth.
Dr. Watit Tamavimok, CEO and Managing Director of KCG Corporation Public Company Limited ("KCG" or the "Company"), reveals that the Company's shares will debut on the SET under the symbol "KCG" in the Agro & Food Industry - Food & Beverage category. The Company's strong foundation and established reputation make it an attractive investment opportunity as KCG aspires to become a leading butter, cheese, and consumer products manufacturer and importer.
For the years 2023-2024, KCG has planned strategic investments, intending to double the production capacity of individually wrapped processed cheese slices from the current 2,106 tons per year to 4,212 tons per year within this year. Additionally, the butter production capacity at its factory in Thepharak will expand from the current 18,596 tons per year to 23,261 tons per year in 2024. The Company also plans to invest in new machinery and upgrade the sterile rooms at its factory.
Furthermore, KCG is investing in the construction and development of the state-of-the-art KCG Logistics Park, which will include both frozen and ambient storage facilities, alongside modern and efficient product handling and management adhering to European GMP C and GMP D standards. The Company also has plans to incorporate automated system technology for a fully automated production system in the future. The planned upgrade is expected to be completed by 2024.
Mr. Pichet Sitti-amnuai, President of Bualuang Securities Public Company Limited, a financial advisor and lead underwriter, highlights KCG's position as a trendsetter in manufacturing, distribution, and import of butter, cheese, and consumer products. The Company's focus on developing innovative and health-conscious products aligns with the preferences of modern consumers, especially in Western-style restaurants, bakeries, and cafes. With solid production capabilities and investment plans for expansion and automation, KCG is well-poised for sustainable growth in the future.
