PM Global Foods, an Atlanta-based international distributor of beef, pork and poultry since 1988, would be interested in buying Cuban chemical-free, biodegradable pesticides if the U.S. embargo against Cuba is lifted, according to sales and marketing manager for Latin America, Richard Rincon.
“Financing is the key,” Mr. Rincon told GlobalFax upon his return last week from a Georgia Department of Agriculture fact-finding mission to Cuba. “The hardest thing is knowing where the money is coming from. Is it coming from their sales of nickel, of sugar, of tourism?”
He added that Georgia companies may incur long payment periods, or “slow debt” when selling to Cuba, but he felt the mission was a success for PM Global Foods because it potentially opened a new, large market for the company’s products.
A bill Congress sent to President Clinton to sign would allow food sales to Cuba, but the measure was largely symbolic because it prohibits the U.S. government and lending institutions from financing such trade. The impediment was included in this legislation at the insistence of anti-Castro leaders in Florida. Cuba itself has virtually no access to hard currencies.
PM Global Foods is an international trading company that specializes in frozen, chilled or dried beef, poultry, pork, seafood and food service items. Its international customers include Arby’s Roast Beef Restaurants, Bennigan’s, Chili’s Grill & Bar, Friday’s, Hooters Restaurant, Kenny Roger’s Roasters, Planet Hollywood and Tony Roma’s, among others. The company currently trades with Argentina, Brazil, Colombia, Mexico, Uruguay and other Latin American suppliers.
Contact Mr. Rincon at (404) 237-7462 or see www.pmholdings.com for more information on PM Global Foods.