81.7 F
Charlotte Amalie
Thursday, May 2, 2024
HomeNewsArchivesAg Development Corporation Makes Bid on Island Dairies Plant

Ag Development Corporation Makes Bid on Island Dairies Plant

The Virgin Islands Agriculture Development Corporation has made an offer to purchase and reopen the assets of St. Croix Dairy Products Inc., which did business as Island Dairies, the corporation announced Tuesday.

The St. Croix Economic Development Initiative (SEDI), a new, nonprofit organization of the V.I. Agriculture Development Corporation, recently announced another project it is undertaking, Virgin Puree, to create products based on locally grown produce for both local consumption and export, according to the SEDI news release.

According to SEDI’s announcement, "The Virgin Puree local natural fruits frozen preservation project will offer this opportunity to combine the two brands of Island Dairies products and Virgin Puree product line for export to larger markets in the Caribbean and the U.S.”

“The Island Dairy physical plant and existing infrastructure lends [itself] to the Virgin Puree model,” the statement continued. The new enterprise said that by improving the physical plant, incorporating renewable and efficient energy equipment, “right-sizing” the Island Dairies business model and using a consumer member ownership cooperative, it “will mitigate the kind of operating problems Island Dairies had encountered in the past."

When St. Croix Dairy Products shut down its Island Dairies operations after 52 years in business, 25 employees lost their jobs. At the height of its operation it employed 41. Tuesday’s news release did not speculate on future employment.

Further information can be obtained by calling Anthony Weeks of SEDI at 1-914-574-1213.

Print Friendly, PDF & Email
Keeping our community informed is our top priority.
If you have a news tip to share, please call or text us at 340-228-8784.

Support local + independent journalism in the U.S. Virgin Islands

Unlike many news organizations, we haven't put up a paywall – we want to keep our journalism as accessible as we can. Our independent journalism costs time, money and hard work to keep you informed, but we do it because we believe that it matters. We know that informed communities are empowered ones. If you appreciate our reporting and want to help make our future more secure, please consider donating.

2 COMMENTS