Bico Limited
Encyclopedia
The Barbados Ice Cream Company Ltd. (BICO) is the leading Barbadian
firm that makes frozen
desserts. The company was started in December 1901, as the Barbados Ice Company Limited for making ice
. It is now known as BICO. BICO started making ice cream
in 1949. It is located at the near the Harbour Port Office park in Bridgetown
.
Barbados Ice Company (BICO) was formed as the result of a merger between two ice-making companies in 1901.
The new company was engaged exclusively in ice manufacture until 1910, when it decided to extend its facilities.
The expansion was made for a Cold Storage Department.
In 1949, it expanded again and began manufacturing ice cream.
Subsequently in 1967, it became a subcontractor for the Barbados Port Authority.
In 1976, the Barbados Ice Company changed its name to BICO.
Since then BICO has discontinued its production of ice.
Presently, it is a public limited company owned by over three hundred and fifty (350) shareholders,
earning the majority of its revenue from its ice cream sales.
In June 2007, the company announced that it completed renovations on freezer facilities, and the company expanded their previous 750000 cubic feet (21,237.6 m³) of storage space to just under 1 Mcuft of storage space. The new freezer space, gives the BICO company one of the largest, if not the largest, public cold storage facility in the Caribbean region.
In August 2009, the BICO manufacturing plant was destroyed by a fire causing the company to outsource operations to two Canadian-based frozen diary manufacturers. Meanwhile on-going delays have caused the BICO leadership to continue pressing the company's insurers to disburse funds to undertake rebuilding the BICO factory.
The products
that are available are:
The company
also exports to other Caribbean islands as well. It is also listed on the Barbados Stock Exchange
.
Barbados
Barbados is an island country in the Lesser Antilles. It is in length and as much as in width, amounting to . It is situated in the western area of the North Atlantic and 100 kilometres east of the Windward Islands and the Caribbean Sea; therein, it is about east of the islands of Saint...
firm that makes frozen
Frozen food
Freezing food preserves it from the time it is prepared to the time it is eaten. Since early times, farmers, fishermen, and trappers have preserved their game and produce in unheated buildings during the winter season. Freezing food slows down decomposition by turning water to ice, making it...
desserts. The company was started in December 1901, as the Barbados Ice Company Limited for making ice
Ice
Ice is water frozen into the solid state. Usually ice is the phase known as ice Ih, which is the most abundant of the varying solid phases on the Earth's surface. It can appear transparent or opaque bluish-white color, depending on the presence of impurities or air inclusions...
. It is now known as BICO. BICO started making ice cream
Ice cream
Ice cream is a frozen dessert usually made from dairy products, such as milk and cream, and often combined with fruits or other ingredients and flavours. Most varieties contain sugar, although some are made with other sweeteners...
in 1949. It is located at the near the Harbour Port Office park in Bridgetown
Bridgetown
The city of Bridgetown , metropolitan pop 96,578 , is the capital and largest city of the nation of Barbados. Formerly, the Town of Saint Michael, the Greater Bridgetown area is located within the parish of Saint Michael...
.
Barbados Ice Company (BICO) was formed as the result of a merger between two ice-making companies in 1901.
The new company was engaged exclusively in ice manufacture until 1910, when it decided to extend its facilities.
The expansion was made for a Cold Storage Department.
In 1949, it expanded again and began manufacturing ice cream.
Subsequently in 1967, it became a subcontractor for the Barbados Port Authority.
In 1976, the Barbados Ice Company changed its name to BICO.
Since then BICO has discontinued its production of ice.
Presently, it is a public limited company owned by over three hundred and fifty (350) shareholders,
earning the majority of its revenue from its ice cream sales.
In June 2007, the company announced that it completed renovations on freezer facilities, and the company expanded their previous 750000 cubic feet (21,237.6 m³) of storage space to just under 1 Mcuft of storage space. The new freezer space, gives the BICO company one of the largest, if not the largest, public cold storage facility in the Caribbean region.
In August 2009, the BICO manufacturing plant was destroyed by a fire causing the company to outsource operations to two Canadian-based frozen diary manufacturers. Meanwhile on-going delays have caused the BICO leadership to continue pressing the company's insurers to disburse funds to undertake rebuilding the BICO factory.
The products
Product (business)
In general, the product is defined as a "thing produced by labor or effort" or the "result of an act or a process", and stems from the verb produce, from the Latin prōdūce ' lead or bring forth'. Since 1575, the word "product" has referred to anything produced...
that are available are:
- Ice CreamIce creamIce cream is a frozen dessert usually made from dairy products, such as milk and cream, and often combined with fruits or other ingredients and flavours. Most varieties contain sugar, although some are made with other sweeteners...
- Valupak
- Classic
- Perfect Balance
- Tropical Flavors
- Double Delight
- Old Fashioned
- Sherbet
- Frozen Yogurt
- Soycream
- Novelties
- Brik Ice Cream Sandwich
- Bicone
- Yocone
- Lollies
The company
Company
A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...
also exports to other Caribbean islands as well. It is also listed on the Barbados Stock Exchange
Barbados Stock Exchange
The Barbados Stock Exchange or BSE is Barbados' main stock exchange. Its headquarters are in the capital-city Bridgetown.The Barbados Stock Exchange is among the four major regional Caribbean stock exchanges. The other three being the exchanges of Jamaica, the Eastern Caribbean, and Trinidad and...
.
External links
- BICO Ice Cream - Official website
- BICO History