Cadeco Offers Relief to Coffee Industry Impacted By Katrina

HOUSTON, Aug. 30 /PRNewswire/ -- Today in Houston, Texas, Cadeco Industries, Inc., the operator of the largest independent coffee processing plant in the United States announced the firm will make every resource available to support the coffee industry assets left devastated in the wake of Hurricane Katrina. New Orleans is a historic center of activity in the coffee industry with many warehouses and roasters being long time business residents in the district.

Carlos de Aldecoa, President of Cadeco, states, "Our heartfelt prayers go out to all those in New Orleans and the surrounding areas. These are difficult challenges, which we recognize could have just as easily landed in Houston, and we wish a speedy recovery for all those impacted by this disaster." He goes on to confirm that, "Cadeco Industries has available significant resources at our Houston facilities to assist the New Orleans coffee industry participants whose businesses are adversely impacted. This includes immediate capacity for receiving, storage, remediation, decaffeination, roasting and packaging millions of pounds of coffee."

Cadeco Industries also operates New York Board of Trade (NYBOT) Certified Coffee Exchange warehouses, which have substantial immediate capacity available for receiving and storage of exchange shipments requiring diversion to Houston. Leo R. Vasquez, III, Cadeco's Chief Financial Officer points out that, "The capacity and proximity of the Port of Houston makes Houston the natural and most cost-effective emergency alternative for anyone with coffee assets in or previously heading to New Orleans."

Mr. de Aldecoa, who also serves as the President of the Greater Houston Coffee Association, highlights the fact that Houston already is a major coffee port of entry in the United States, with every key service provider necessary for coffee importation operating in the area. The industry is also supported by the participation of major roasters, the Greater Houston Partnership, the Port of Houston Authority and many area elected officials.


Source: Cadeco Industries, Inc.

CONTACT: Carlos de Aldecoa, ext. 101, or Leo R. Vasquez, III, ext. 215,
both of Cadeco Industries, Inc., +1-713-670-0700