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By GlobalDataJapanese company, Suzuran International is to spend US$2.6m on a full-scale production plant in Australia for traditional Japanese rice wine, Sake.After spending US$570,000 setting up a test plant with the help of G Patritti & Co, the family winery where Two Dogs lemonade was first produced, and a test run of 50,000 bottles, Suzuran has decided to build its new operation in Adelaide and is expecting exports to reach US$4m in the first 3 years.Australian managing director, Yoshi Tatewaki said the company had looked outside Japan because of the high costs of production in the country. Rice is one-tenth of the cost in Australia and yet the finished product could still sell for up to $30 a bottle in Japan.Geoff Patritti, managing director G Patritti & Co, said he had enjoyed working with the Suzuran team and he hoped Suzuran's founders in Japan would consider importing his company's wines.
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData