Fourayes Invests in Production Facilities
Based in Kent, England, Fourayes has spent around £300,000 on a fruit purée line and a further £400,000 on a new jam vacuum production line. Managing director Phil Acock says: “We are working hard to develop into new sectors where we see strong opportunities for growth in the next five years. We have ambitious targets to double our turnover from £11m in the year to March 2010 to £20m in five years time.”
The family run company, which employs over 90 people, funded the investments in new equipment out of its own working capital. The investment will allow the company to offer jams to the food processing sector, as well as aseptic fruit purées with provenance, for example Kentish strawberry purée.
“This is the first aseptic fruit purée line in the UK, it is all imported at the moment. It will be a good sector to be in with exchange rates what they are at the moment,” Phil Acock points out. Fourayes will also target beverage companies such as smoothie makers with the purées, as it continues to diversify its business.
The company also plans to target the cereal sector by developing a range of dried fruit infusions, such as dried apple infused with natural strawberry flavour.
