FOOD DIVISION STRATEGIC REVIEW AND RESTRUCTURE
In FY2020 Select Harvests undertook a comprehensive Strategic Review of the growth
options and supply chain solutions for the Food Division.
Paul Thompson Managing Director of Select Harvests said “The Strategic Review found
that the Thomastown facility is not core for our future supply chain requirements and
our strategic focus is best directed to investing in our Carina West processing facility
where we value-add and market our almonds for sale in domestic and export
This conclusion was reached after considering multiple options including upgrading the
existing Thomastown facility, developing a new production facility, outsourcing valueadded production or investing in our Carina West facility and moving more valueadded almond processing from Thomastown to Carina West, merging the Carina West
and Thomastown facilities.
The decision has been made to restructure the Food Division to focus on Select Harvests’ competitive advantage in
growing, value adding and marketing almonds in the domestic and export markets by expanding the Carina West
Select Harvests has appointed its corporate adviser, Kidder Williams, to seek expressions of interest in the
Consumer Branded business and Thomastown processing facility.
Consolidation of almond processing in Carina West
We are working on a progressive 18-month transition plan to move more almond processing from Thomastown to
Carina West. This will result in us investing in additional jobs, production capacity, new technology and new
warehousing. This investment will commence immediately, with the stock pad currently being increased and a
new paste machine arriving in April. Some of this investment was already in our long-term plan but has been
brought forward due to the recent Piangil acquisition.
The Carina West facility will remain an almond only facility to avoid allergen contamination.
Paul Thompson said “We are focussed on delivering the best long-term return for our business and outstanding
customer service to our customers. The expansion of the Carina West facility will create a supply chain that
enables us to strengthen our competitive advantages in growing, value adding and marketing almonds in the
domestic and export markets.”
This announcement has been approved by the Board of Select Harvests.
courtesy of Bell Direct
i do not currently hold SHV ( but did between May 2011 and January 2018 )
i was starting to worry i exited too soon here
but crikey i MIGHT get a chance at a second entry this year if i choose to buy