Peanut Company of Australia (PCA)

Overview: Peanut Company of Australia (PCA) is a renowned peanut processing company with a rich history dating back to 1924. It is currently owned by Bega, a significant player in the dairy and food industry.

Location and Facilities:

PCA operates primarily in Australia with facilities located in Kingaroy and Tolga. These locations have been central to its operations until the recent announcement of their closure.

Important Events:

In 2017, PCA was acquired by Bega, marking a significant shift in its operational strategy under new ownership. Recently, PCA has made headlines with the announcement of the closure of its operations in Kingaroy and Tolga, which is expected to impact 150 jobs. This decision is a pivotal moment in the company’s long-standing history.

Financial Indicators:

Specific financial data for PCA is not detailed, but as a subsidiary of Bega, its financial performance contributes to the broader metrics of the parent company, which is a key player in Australia's dairy and food sectors.

Company Plans:

The closure of the Kingaroy and Tolga operations indicates a strategic shift for PCA. While specific future plans have not been disclosed, the focus may be on restructuring and aligning with Bega’s broader business objectives.

---