T&T mills seeking to bring local company down …Sukhai
The National Milling Company (NAMILCO) could seek legal recourse through the Caribbean Court of Justice (CCJ) to halt what the company says is the ‘dumping’ of flour on the local market by two regional flour producers.
Speaking with Stabroek Business earlier this week NAMILCO Managing Director Bert Sukhai named National Flour Mills (NFM) and Caribbean Flour Mills (CFM) of Trinidad and Tobago as the two companies which have been seeking to expand their share of the local flour market by exporting flour to Guyana at cheaper prices than were being offered in the twin-island Republic and below the price being offered by the local company.
“These companies have the mills and the capacity to take over the entire market here and in doing what they are doing they are hoping to bring NAMILCO down,” Sukhai said.
