Production at all four locations will be transferred to other Del Monte production facilities in the US. The Group operates 10 plants in the US and two in Mexico. Campos said these facility closures offer DMPL the ability to fully utilize the capacity of its existing production facilities and increase its focus on branded growth and innovation. "Our asset-light strategy will lead to more efficient and lower cost operations," he said. DMPL sells packaged fruit, vegetable and tomato sauces, condiments, pasta, broth, juices and fresh pineapples under the Del Monte, S&W, Contadina and College Inn brands. The company posted a net income of $15.8 million for fiscal year 2019, up 32% on higher prices and lower trade promotion and general expenses in the US. Sales, however, dipped 11% to $2 billion as higher S& W Asia sales were offset by lower US and Philippine sales.