To those of you who care I will be on vacation all next week and will return June1. And to all I hope you have a great weekend, a greater week, and a wonderful Memorial Day. Thanks and may God Bless our military.
To those of you who care I will be on vacation all next week and will return June1. And to all I hope you have a great weekend, a greater week, and a wonderful Memorial Day. Thanks and may God Bless our military.
A Few Reasons to Own NCRAThe truth is the antidote to that crowd The truth is the antidote to that crowd
- NCRA is a leading international food processing company, principally engaged in the processing, canning, and distribution of a complete line of high quality tomato products in Europe, South America, Canada, and the United States. In addition to providing tomato products sold under established brands Fiorino, Valsamo, Pummarola, and La Bella Napoli, the Company also processes and markets a wide range of fruits and vegetables including lentils, beans, peas, pineapples, and peaches. NCRA had revenues of over $15.8 million and earnings of approximately $500,000 in FY 2003, and we expect these numbers to improve significantly over the near-term period.
- Through its operating division, Fiorino, founded in 1974, Nocera is one of Italy’s largest tomato processors, and has developed a significant market presence in Europe and Canada, with an aggressive marketing campaign underway for the US market. With an experienced management team, state-of-the-art ISO 9002 certified processing facilities, and established distribution channels in Europe and the United States, we believe that Nocera is well positioned to emerge as a leader in the $5.7 billion processed tomato industry.
- NCRA has developed a focused portfolio of well respected and leading brands in tomato and canned fruit and vegetable products. The Company’s flagship brand, Fiorino, has been well established as a leader in Italian tomato processing and canning since its inception in 1974, and has attained a significant international market position, including an estimated 20% of the Canadian tomato products market.
- NCRA benefits from a strong and experienced management team with a wide range of experiences in the food processing industry who have been successful in growing Nocera into a major international food processing conglomerate and have vast experiences in international markets. Founder and President Rocco Fiorino has been responsible for the Company’s international expansion and has been instrumental in facilitating Nocera’s South American expansion. Francesco Pascale, VP of Logistics, oversees NCRA’s high quality processing and distribution operations, and has nearly twenty years of management experience in the processed foods industry.
- The Company has established state-of-the-art processing operations with its ISO-9002 certified facility in Italy, creating one of Italy’s most advanced tomato processing facilities incorporating the highest standards in quality control, process overview, and food safety systems. NCRA carefully controls the quality and safety of its products from harvesting through to canning to produce the one of the highest quality and safest product lines on the market. NCRA’s recent establishment of a new processing factory in Montevideo, Uruguay will significantly enhance its South American sales while maintaining these same high standards.
- With a large and diversified product offering sold to international markets, a solid existing revenue and earnings base, and with major expansion into the lucrative US market planned for the near-term period, Nocera, Inc. is poised to emerge as a major player in the tomato processing industry. With an experienced management team, strong operating history, and state-of-the-art processing facilities, the Company has all of the fundamentals in place to attract the same type of investor attention as leading US food processing stocks such as Del Monte Foods (NYSE:DLM: up nearly 50% YTD!!!).