On June 17, 2021, the new Premium Foods Factory was inaugurated by the President of the Republic, H.E. Nana Akufo Addo. In addition to the President, the event was attended by key dignitaries such as Honourable Minister for Trade, Alan Kwadwo Kyeremanten; the Canadian High Commissioner, H.E. Kati Csaba; the World Food Programme Regional Director for West and Central Africa, Mr. Chris Nikoi; the UN Resident Coordinator, Mr. Charles Abani; and Heads of UN agencies; Otumfuo Asantehene’s representative the Ejisumanhene, among others.

In his speech, the Managing Director of Premium Foods, Mr. Tom Gambrah stated that after 25 years of operations, the company today is equipped to handle over 96,000 metric tonnes (about 2 million 50 kilogram bags), each year, a capacity few plants in West Africa can boast of. Every hour, 240 bags of grits and maize meal roll off parallel processing lines. The extrusion plant produces a ready-to-eat fortified blend of corn and soybeans for pregnant and lactating women, adults and growing infants.

H.E. Nana Akufo Addo in his speech stated that “I am pleased to learn that this new factory is generating some one hundred and twenty (120) new jobs, made up of technical and management professionals, and is creating thousands of indirect income earning opportunities for farmers and out-growers along the value chain, mostly women and youth, in all parts of the country.”