The Board of Directors of Taufika Foods & Lavelo Ice Cream Plc has approved the decision to invest Tk 150 crore to set up a second ice cream production unit to meet the growing market demand. In preparation for this, the company has already purchased 59.16 percent land in Bhaluka, Mymensingh, where the current ice cream manufacturing plant is located.
Lovello, Tetra Pak South East Asia Pte Ltd. to purchase most of the capital equipment for the second ice cream manufacturing unit. 19 Gul Lane, Singapore, Singapore 629414, MEC Group (Equipmenttimes), No.25, Tongxing Street, Dalian, China, Teknoice, Via Lazio 37-20090, Buccinasco (Mi), Italy Ges Yantai Moon Co. Ltd. Yantai City, Shandong Province is about to sign the contract.
After setting up the second ice cream production unit and starting ice cream production, Lavello’s daily ice cream production capacity will be 2,50,000 liters, which is more than double the current ice cream production capacity. The ice cream produced by the second unit will be marketed from June 2025. The investment will be made from internal sources and bank financing based on the company’s cash flow.
