Jamaica Producers Group Limited (JP)


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    Jamaica Producers Group (formerly the Jamaica Banana Producers Association Ltd.) is a wholly Jamaican-owned company with a unique shareholder structure, which is the result of its equally unique history. The company came into being on April 1, 1929, as a direct descendant of the Jamaica Producers Association formed in 1925, under which separate co-operatives—one for the marketing of each agricultural product—were set up. It had an initial membership of 6,145.
     
    The company was formed with the courageous objective of protecting the Co-operative and the local banana industry from demise owing to fierce competition from the large foreign-owned fruit companies in the shipping and marketing of Jamaican bananas.
     
    It has since grown from strength to strength, diversifying into shipping, a related support businesses, and moving up the value chain to provide processed foods like smoothies, banana chips and juices.