Sunday, December 14, 2014

DOST-setup makes Davao firm juice up on profits

In 2012, Tagum Golden Foods was able to acquire a hydraulic press machine and mixing/filling machine after receiving assistance from Department of Science and Technology (DOST) in the form of P 222,400.00 under the Small Enterprise Upgrading Program (SETUP).

Known for producing quality calamansi concentrate and pure calamansi ready-to-drink juice, Tagum Golden Foods reported that it increased its production and profits, and improved its product quality and food safety after the technology intervention. As such, the company’s growth contributed to the socio-economic condition of Tagum City by providing employment to the jobless and steady market to calamansi growers.

According to Mrs. Alma L. Uy, owner of Tagum Golden Foods, they decided to re-avail the DOST-SETUP financial assistance early this year to improve their product packaging and labeling. As approved, the project received financial assistance amounting to P 582,710.00 last October.

Moreover, the company has established waste processing and minimization practices that clinched Tagum Golden Foods the prestigious E3 (Excellence in Ecology and Economy) Award by the Philippine Chamber of Commerce and Industry during the DOST Mindanao Cluster Science and Technology Fair last November.

The E3 Award is given to selected companies and enterprises that have demonstrated the most innovative and outstanding environmental performance in their pursuit of business sustainability and profit. (S &T Media Service).

No comments:

Post a Comment