Tuesday, November 30, 2010

Is This The End of Fiji Water?


Well it seems that Fiji Water and the Fiji Island government are at it again. The island wishes to place a 15 cent-per-liter tax on bottled water. The caveat to this tax is that it will only be imposed on producers who currently extract 3.5M liters month. And guess who "only" extracts that much on the island? Yep...Fiji Water.

John Cochran, President and COO of Fiji Water, appears to be trying to bluff again for the second time with a threat to shut down all operations. Should this happen that would be the end of Fiji Water and Fiji island would lose one of its leading exporters.

You can read John Cochran's released statement on the matter: Discriminatory Tax Forces Shutdown of FIJI Water Factory

If this does all go down there may a mad dash for the last bottled drops of Fiji Water.