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JBM to develop water bottling plant, distribute premium brand

Jamaica Bauxite Mining Limited is venturing into the distribution of drinking water.
 
The state-owned company, which describes itself as having a business mandate, is taking on more commercial activity outside of its core role. 
 
In pursuit of its water business, the brand was registered in May.
 
The company is now seeking a consultant to advise it on the operational setup, product development support, supply chain development, and certification for a new spring water bottling plant that it plans to develop in Ocho Rios, St Ann.
 
This fiscal year ending March next year, JBM expects to make a surplus of $14 million from projected revenue of $602 million.


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