Nascent Food Service Inc. (NCTW), as it expands its distribution network and infrastructure across Mexico, is opening its latest distribution center in Puerto Penasco, Mexico.
This looks like a very solid strategic move, as the area has been experiencing rapid tourism related growth with a corresponding increase in demand for higher quality imported gourmet food products.
To date, Puerto Penasco has been an underserved market by food distributors, but is forecast to become Mexico’s next major residential and resort destination. The Company is now preparing to be ready for the anticipated seasonal uptick of 500% in business volume, due to the upcoming spring break season.
Let us know your thoughts below.