Mavis Bank Coffee Factory, MBCF, will spend $100 million to improve wastewater treatment at the coffee processing plant as it seeks out new markets.
The company aims to recoup the investment in an upgraded treatment facility in five years by wooing environmentally conscious buyers of its beans in Europe.
“We are projecting a five-year payback, but we see that as a renewed commitment to quality control,” said MBCF Managing Director Norman Grant. The anticipated payback is expected to come from incremental growth in new markets.
