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Calavo Growers (NASDAQ:CVGW) announced official certification and opening of the Jalisco packing facility for the American market.
The company said the expanded partnership with Mexican growers will elevate its sourcing capabilities to an even higher level to provide U.S. tables with the best quality avocados on the market while also providing opportunities to supply the international community.
Calavo Growers (CVGW) said its state-of-the art facility in Ciudad Guzman will help it offer availability of avocados throughout the year with particular emphasis on holiday programs both in the U.S. and internationally.
Looking ahead, the company noted that demand for avocados is growing year-over-year not only in the U.S. but also internationally.
Share of CVGW are up more than 35% over the last three months and are now flat for the year.