Research Paper on Unicord PLC Company
Unicord Public Limited Company PLC, was initiated in 1978 and its headquarters at Thailand. The organization was set up with the objective of processing seafood and its’ first attempt was to process tuna, a worldwide commodity that is consumed by many people. It specialized in manufacturing a wide variety of canned tuna and frozen seafood products and its’ factory was located in Samutsakhon. Unicord PLC was the main manufacturer, producer, and exporter of canned seafood in Thailand before it was taken over by Sea value Co. Ltd on 15 September 2005, at that time the production capacity of the company was 400 tones per day, and capital of 520 million baht. The success of the company was majorly as a result of its’ geographical location and its’ proximity to the prime fishing grounds and also because of committed staff who were labor cost effective and a strong top management skills. With continuous operation of the company, it diversified its’ products to include: pet food for worldwide markets, wholesale exporter of frozen shrimp, and the distributers in turn sold it to restaurants and institutions under private labels.