Hippo Valley injects US$11m in retooling

Hippo Valley recorded a 14 percent increase in overall industry sales volume while the local market saw a 10 percent increment in volumes.

SUGARCANE producer Hippo Valley Estates (Hippo Valley) has this year injected US$11 million in a massive retooling project expected to be completed next year.In an interview with The Financial Gazette last week, Hippo Valley chief executive Tendai Masawi said the company plans to replace its entire outdated machinery with newer equipment to boost efficiency.“The efficiencies…

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