MOS Lanka Holdings’ subsidiary F&S Flavor Tea is all set to invest Rs700m ($5.29) to build a warehouse and to expand its global tea packing product portfolio.
F&S Flavor Tea will shift its packing plant from Peliyagoda to the new facility by the end of October 2012, dailynews.lk reported.
In order to meet the global demand for the brand, the company also plans to reinvest in new machinery and will use new energy efficient systems such as solar power to make the new plant environmental friendly and greener.
Besides, the company will also launch its third brand by the end of 2012.