(PR) – CaneCo Ltd. has been operating in Grenada for the past six (6) years.
Since it commenced operations, CaneCo Ltd. has made a significant push of agro industrialisation through a major investment in revitalising the sugarcane industry by supplying agricultural services to provide cane juice for distillation into high-quality, fine rum.
The introduction of our company to Grenada marked a significant milestone in the moderni sation of Grenada’s agriculture industry, particularly for the once-collapsed sugarcane sector. CaneCo Ltd. propagates, cultivates, harvests, and mills superior sugarcane. CaneCo Ltd is a subsidiary of the Renegade Rum Group Ltd which has invested in excess of US$50 million in restoring abandoned sugarcane fields, building a modern distillery, and providing employment for scores of local workers.
Our company has had to restructure some of its operations, while ensuring that we remain within industry standards. In that context, several of our workers, whose work is in fact seasonal, but who were kept on for the purposes of sustaining the Company’s production capacity, are now being asked to work at the standard that exists in this industry worldwide.
As per the Employment Act, CaneCo Ltd. has terminated the current contracts of employment with the sugar cane harvesters and offered immediate re-employment under new contracts as seasonal sugar cane harvesters. Each terminated worker shall receive all statutory compensation to which he/she is entitled. We hereby acknowledge and publicly thank the affected employees, who are essential partners in our business, for their contributions. The Company remains dedicated to maintaining their service as sugarcane harvesters from season to season.
As a company and a family, CaneCo Ltd. reaffirms its responsibility to all employees and to honour the privilege of being a partner in Grenada’s employment and development landscape. Grenada presents a unique opportunity to revitalise a historic section of the economy by creating sustainable employment in the country’s rural areas. CaneCo Ltd. is committed to playing its role in the economic transformation of our Tri-island State.