The demolition of Spanish cannery Frinsa’s plant number one, located since 1961 in the urban center of Ribeira in Galicia might only take place after the summer.
The remaining parcel will make way to a macro-urbanization project with residence, movie theaters and commercial establishments.
However, Spanish press informs that the demolition period depends only on the start of an ambitious project of Frinsa’s president, the industrialist Ramiro Carregal, which Frinsa’s product diversification into other seafood lines. Frinsa is mainly dedicated to the canned tuna business and has now concentrated itself on the segment of supermarket private labels.
The company’s most important issue is whether it will expand in the local Spanish market or in the export markets. It seems Frinsa has decided to focus on the domestic Spanish market. It will extend its canning activity with products like muscles, cockles, sardines and razor clams, with which it will create a quality product line. The Frinsa group already obtained license from the city council to construct the new complex in the industrial area of Xarás.
The new factory will be next to Frinsa’s plant number four. At the moment, Ramiro Carregal handles the project with absolute discretion. Since 1961, Frinsa has continued to grow and diversify its activities. From the frozen and chilled seafood sector to the tuna canning sector, co-generation of energy and ship consigning.
Frinsa was the European pioneer for commercializing tuna and is the continent’s only company transforming tuna into cooked and raw tuna loins, frozen and chilled loins.
Frinsa’s current facilities allow them to can more than a million tins of tuna per day. The company intends to invoice 194 million euros in 2007 and to position itself as the fourth Spanish canning company in terms of invoiced sales.