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Brewery to invest $2m in Grand Bahama expansion

Bahamian Brewery and Beverage Co Ltd is expressing confidence in the economic climate of Grand Bahama by announcing a $2 million expansion. 

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TheBahamasInvestor.com
Thursday, February 9, 2017
Thursday, February 9, 2017

Bahamian Brewery and Beverage Co Ltd is expressing confidence in the economic climate of Grand Bahama by announcing a $2 million expansion.

Company president, James “Jimmy” Sands made the official announcement during a press conference at the Ministry for Grand Bahama 6 February.

Minister for Grand Bahama Dr Michael Darville said he was delighted with the news and pointed out that construction is well underway for the additional storage facility at the Queen’s Highway-based plant.


He noted that the company first opened its doors in 2007 with just 14 employees and an initial investment of some $15 million.

“Over the years the staff count has grown to some 120 persons, the investment has tripled, and the Brewery is making a major economic impact to the island of Grand Bahama.”

“Today marks an exciting one in the history of the Bahamian brewery which to-date, remains a 100 per cent Bahamian-owned and operated company, as it is now set to invest another $2 million to expand the warehousing capacity of their business here in Grand Bahama,” Darville added.

The Minister further remarked that the expansion is yet another sign of the strong investor confidence in both the government’s policies as well as the local economy on Grand Bahama.

Sands indicated that his company will continue with its upgrades as needed in Grand Bahama.

Brewery to invest $2m in Grand Bahama expansion

Pictured: Dr Michael Darville, Minister for Grand Bahama, centre, congratulates James Sands, left, president of Bahamian Brewery and Beverage Co on the announcement of a further $2 million expansion to the Queen’s Highway-based facility. Also pictured is Melvin Seymour, permanent secretary at the Ministry for Grand Bahama. (BIS Photo/Lisa Davis)

Bahamas-based aviation services provider Odyssey Aviation has expanded its network back into the US, partnering with the Quantem FBO Group to rebrand its locations at Detroit’s Willow Run Airport and Orlando’s Kissimmee Gateway Airport as Odyssey FBOs.

Caribbean tourism fared well in 2016 and industry stakeholders are generally upbeat about the year ahead, according to a Caribbean Hotel and Tourism Association survey.

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