Fresh Del Monte widens loss on fruit, freight costs
date:Feb 20, 2014
year strengthened sales for Fresh Del Monte. The company expanded global distribution with a new fresh-cut center in Toronto, and a ripening center in France. The company also acquired agricultural land and packing houses in Florida and Virginia for field-grown tomatoes and increased its footprint for bananas and pineapples through acquisitions in Costa Rica and Nicaragua, as well as expanded banana production in Asia.

In addition, Fresh Del Monte extended its reach into new channels, with fres
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