{"id":349432,"date":"2024-06-18T16:56:58","date_gmt":"2024-06-18T06:56:58","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=349432"},"modified":"2024-06-19T11:25:31","modified_gmt":"2024-06-19T01:25:31","slug":"bega-reviews-pcas-future","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2024\/06\/18\/bega-reviews-pcas-future\/","title":{"rendered":"Bega &#8216;Reviews&#8217; PCA&#8217;s Future"},"content":{"rendered":"<figure id=\"attachment_349438\" aria-describedby=\"caption-attachment-349438\" style=\"width: 740px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2024\/06\/20240618silos.jpg\"><img loading=\"lazy\" class=\"size-full wp-image-349438\" src=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2024\/06\/20240618silos.jpg\" alt=\"\" width=\"740\" height=\"460\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2024\/06\/20240618silos.jpg 740w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2024\/06\/20240618silos-300x186.jpg 300w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2024\/06\/20240618silos-269x167.jpg 269w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2024\/06\/20240618silos-285x177.jpg 285w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2024\/06\/20240618silos-340x211.jpg 340w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2024\/06\/20240618silos-263x163.jpg 263w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/a><figcaption id=\"caption-attachment-349438\" class=\"wp-caption-text\">Bega Group says PCA&#8217;s silos are the only ones in the South Burnett region capable of holding volumes for year-round processing supply<\/figcaption><\/figure>\n<p><strong>June 18, 2024<\/strong><\/p>\n<p>Bega Group has confirmed it is conducting a &#8220;strategic review&#8221; of its peanut processing operations in Kingaroy.<\/p>\n<p>Bega bought the Peanut Company of Australia&#8217;s operations in Kingaroy &#8211; which consists of the famous silos in Haly Street, shelling, sorting and roasting plants and associated facilities &#8211; in late 2017.<\/p>\n<p>The review, being conducted by corporate advisory firm Kidder Williams, also covers PCA&#8217;s other operations in Gayndah and Tolga.<\/p>\n<p>\u201cThe strategic review is focussed on optimising Bega Group\u2019s core business, with a focus on branded assets whilst evaluating options for non-core assets,&#8221; Bega Group CEO Peter Findlay said.<\/p>\n<p><strong>&#8220;There is no certainty that this initiative will lead to any particular outcome or transaction.&#8221;<\/strong><\/p>\n<p>However, a specialist food industry publication speculated last week that the &#8220;disposal&#8221; of the Kingaroy facility was the &#8220;most likely option&#8221; from the review.<\/p>\n<p>PCA processes about 19,000 tonnes of Australian-grown peanuts every year.<\/p>\n<p>Bega&#8217;s buyout of PCA in 2017 created a supply chain which linked the Australian peanut industry from farmers&#8217; paddocks through to Bega&#8217;s peanut butter manufacturing facilities in Melbourne.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bega Group has confirmed it is conducting a &#8220;strategic review&#8221; of its peanut processing operations in Kingaroy.<\/p>\n","protected":false},"author":20,"featured_media":349438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,16,3,36],"tags":[21,1134],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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