B&D and Ethiopian President Will Place Corner Stone for Large Coffee Processing Factory in Ethiopia
February 21 2008 - 10:00AM
PR Newswire (US)
NEW YORK, Feb. 21 /PRNewswire-FirstCall/ -- B&D (OTC: BDFC.OB)
(BULLETIN BOARD: BDFC.OB) , operating in the food and beverage
industry, specializes in the trading, roasting and distribution of
top quality Arabica coffee and related products in Brazil &
Ethiopia. In the past months, BDFC Ethiopia, a subsidiary of
B&D, has conducted an extensive feasibility study in order
approve the construction of a large instant and roasted coffee
manufacturing facility. BDFC Ethiopia has now obtained 10 hectares
(25 acres) of land in the town of Buryai, 25 km from capital
Addis-Ababa, having signed an agreement with Buryai's mayor, Daba
Dabele. In this connection, B&D owes a debt of gratitude to
President Abadulla Gamadadego of Oromia State, who rendered
tremendous assistance in obtaining this land for B&D. B&D
plans on assembling a high-volume state-of-the-art facility,
capable of sorting green beans, roasting and produce freeze-dried
instant coffee. B&D expects to begin construction of the
manufacturing facility in the coming year in hope of completing the
project for the 2010 initial harvest of its Babiya Farm (see press
release Feb. 5th). Safe Harbor Statement This announcement contains
forward-looking statements. These statements are made under the
"safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates," 'confident'
and similar statements. Among other things, expectations about the
Brazilian coffee and food market and quotations from management in
this announcement contain forward-looking statements. Statements
that are not historical facts, including statements about B&D
Food Corp's beliefs and expectations, are forward-looking
statements. Forward-looking statements involve inherent risks and
uncertainties that could cause actual results to differ materially
from those contained in any forward- looking statements. Further
information regarding these and other risks is included in our
annual report on Form 10KSB and other documents filed with the
Securities and Exchange Commission. All information provided in
this press release is as of September 24, 2007 and B&D Food
Corp. undertakes no duty to update such information, except as
required under applicable law. DATASOURCE: B&D Food Corp.
CONTACT: Benjamin Petel, Investor Relations, of B&D Food Corp.,
+1-646-652-6463, Web site: http://www.bdfcorp.com/
Copyright