Ondo state is an important manufacturing state in southwestern Nigeria. It is also an important state in the agro-processing industry. The state’s economy consists of different agricultural value chains. These value chains include cassava, palm oil, rubber, and others.
There were about 113 manufacturers in the state as of April 2026. Most of these manufacturers were in Akure. Others were in Ondo, Owo, and Idanre. It is important to note that the manufacturers listed in commercial directories may include small businesses and enterprises.
There are a number of new manufacturing businesses in Ondo State in 2026. Some of these businesses include various processing and manufacturing businesses owned by the Johnvents group, as well as other large manufacturing and processing businesses.
List of Manufacturing Companies in Ondo State
Some identifiable manufacturing and processing companies and industrial businesses in Ondo State include:
- JOHNVENTS INDUSTRIES LIMITED
- Johnvents Foods Limited
- Premium Cocoa Products, Ile Oluji Limited
- Noble Eagle Industries Limited
- TISCO Industries Ltd
- MOTIS Industries Ltd.
- Ezedoc Foods Limited
- BOLFEM Foods Processing Company
- Novel Express Tasty Foods
- Admosfoods
- Zeprom Farms and Agribusiness Enterprises
- Amolese Agribusiness
- Hazwan Foods and Palmoil Production
- Otola Agro Allied Limited
- OSKY CATFISH HATCHERY GROW OUT & PROCESSING FACILITY
- Abiodun Shoe Factory
- OmoadeCeil Industry
- Ododoloto Block industry
- Co Operative Industry Limited
- Lo Choches Nigeria Limited
- JB Farms
- MATNA Foods Limited
- Araromi Aiyesan Oil Palm
- Okitipupa Oil Palm
- Ondo State Asphalt Company, now OSARMCO
- Alpha 3D Limited
- Golden Ceramic Products Limited
- Perfected Integrated Food Industry Limited
- Oluwa Glass Company Plc
- Cassava Foods Factory, Ikoya
The first group above is for businesses who have existing business listings, or have recently submitted corporate and government proof. Several of the state held firms in the second group have varying working status, viz., functioning, non functioning or moribund. Those distinctions are on display in the latest financial statement accessible from the Ondo State Government.
Major Manufacturing Companies in Ondo State
1. Johnvents Industries Limited
Johnvents Group official website
The company works throughout cocoa, cashew, sesame, legumes, edible oils, culinary items, animal feed and other agricultural value chains.
Johnvents describes its Ondo State business as its Akure site on the Ilesa Benin Expressway and its Premium Cocoa Products factory in Ile Oluji. Its website currently portrays the firm as operating 10 plants in its broader industrial network.
Johnvents stated in September 2026 that its Akure and Ile Oluji cocoa processing plants had a combined annual capacity of 48,000 metric tons of cocoa and that capacity utilization had averaged about 82 percent in the first half of 2026.
The group therefore forms a large part of the cocoa processing sector in Ondo State.
2. Johnvents Cocoa Factory, Akure
The Johnvents cocoa factory in Akure processes cocoa beans into higher value cocoa products.
Available company information identifies the Akure factory as a cocoa processing facility producing cocoa liquor, cocoa butter, cocoa cake and cocoa powder.
The facility forms part of Johnvents’ vertically integrated agricultural processing system, linking farmers and commodity sourcing with industrial processing and export markets.
3. Premium Cocoa Products, Ile Oluji
Premium Cocoa Products in Ile Oluji is another major cocoa processing facility associated with Johnvents.
Johnvents lists the facility at Km 2, Ondo Road, Ile Oluji. The company acquired the facility and has developed it as part of its cocoa processing operations.
The facility is particularly significant because Ile Oluji is located within one of Nigeria’s major cocoa producing areas.
The International Finance Corporation has also reported supporting the expansion of Johnvents’ cocoa processing plant in Ondo State.
4. Johnvents Foods Limited
Johnvents Foods operates within the group’s downstream food manufacturing business.
The company produces consumer food products derived from agricultural commodities, including cocoa based products.
Johnvents identifies its Foods operation in the Alade, Idanre area of Ondo State.
Its activities illustrate the transition from exporting agricultural commodities in raw form toward producing finished and semi finished products locally.
5. Noble Eagle Industries Limited
Noble Eagle Industries Limited is another manufacturing business associated with the Johnvents Group.
The company is located in the Owo Light Industrial Layout along the Benin Owo Expressway.
Its manufacturing activities cover products including edible oils, bottled water, animal feed, breakfast cereals, palm kernel oil and seasoning products.
This makes Noble Eagle relevant to both food manufacturing and agro processing in Ondo State.
6. Lo Choches Nigeria Limited
Lo Choches Nigeria Limited became one of the state’s notable palm oil processors in 2026.
In January 2026, the Ondo State Government commissioned the company’s palm oil and palm kernel production factory in Akure.
The facility, located along Irese Road, has a reported production capacity of 5,000 litres per day and operates an integrated oil palm processing system that converts palm fruits and byproducts into additional products.
The factory is an example of new private sector investment in agricultural value addition within Ondo State.
7. JB Farms
JB Farms is another important oil palm processing business in Ondo State.
In February 2026, the company announced that its new industrial palm oil mill in Ore was approximately 95 percent complete and was expected to be commissioned by the end of April 2026.
The mill has a stated processing capacity of 30 tonnes of fresh fruit bunches per hour and is connected to the company’s oil palm plantation development. The company reported planting approximately 8,000 hectares of oil palm.
The Ore location is strategically important because the town sits along major transportation routes connecting southwestern Nigeria.
8. MATNA Foods Limited
MATNA Foods operates a cassava starch processing facility in Akure.
In July 2026, the Ondo State Government visited the company’s revitalised cassava starch processing facility and reaffirmed its intention to support private sector investment in agro industrial development.
Cassava starch has applications in food production, pharmaceuticals, paper, textiles, adhesives and other industries.
9. TISCO Industries Ltd
TISCO Industries Ltd is a current manufacturer listed in Akure.
Its presence in Akure’s manufacturing ecosystem reflects the city’s role as the largest concentration of manufacturers in Ondo State according to the April 2026 commercial directory.
10. MOTIS Industries Ltd
MOTIS Industries Ltd. operates from the Ondo State Industrial Park along the Ilesa Owo Expressway in Akure.
The company is currently listed as a manufacturer, making it part of the state’s growing industrial park based manufacturing cluster.
11. Ezedoc Foods Limited
Ezedoc Foods Limited operates from the Ondo State Industrial Park in Akure.
It is currently listed as a food processing company.
Industrial park locations are particularly relevant for food manufacturers because they provide proximity to transportation networks, commercial markets and other supporting businesses.
12. BOLFEM Foods Processing Company
BOLFEM Foods Processing Company is a food manufacturer located in Akure.
Its presence adds to the growing number of small and medium scale food manufacturing businesses operating in the state.
13. Novel Express Tasty Foods
Novel Express Tasty Foods operates from the Technology Incubation Centre in Akure.
It is listed as a food processing company.
Technology incubation centres can provide smaller manufacturers with access to facilities and support needed to move from small scale production toward commercial manufacturing.
14. Admosfoods
Admosfoods is listed in Akure as a food manufacturing supply business.
Food manufacturing remains one of the most widely represented categories among smaller manufacturers in the state.
15. Zeprom Farms and Agribusiness Enterprises
Zeprom Farms and Agribusiness Enterprises is located in Ifon and is listed as a food processing company.
Ifon and other communities outside Akure contribute to the state’s wider agro processing network by connecting agricultural production with local processing.
16. Amolese Agribusiness
Amolese Agribusiness is located in Ilara Mokin and is listed as a food processing company.
Businesses of this type contribute to the local processing of agricultural products and provide markets for farmers.
17. Hazwan Foods and Palmoil Production
Hazwan Foods and Palmoil Production operates in Ikare and is listed as a food processing and palm oil production business.
Palm oil processing is particularly relevant to Ondo State because oil palm is one of the state’s major agricultural resources.
18. Otola Agro Allied Limited
Otola Agro Allied Limited is located in Ondo town and is listed as a food processing company.
Agro allied manufacturing is an important component of Ondo’s industrial economy because of the state’s large agricultural production base.
19. Osky Catfish Hatchery, Grow Out and Processing Facility
OSKY CATFISH HATCHERY GROW OUT & PROCESSING FACILITY operates in Akure.
Its activities combine aquaculture with fish processing, making it an example of an agricultural operation with a manufacturing and food processing component.
20. Abiodun Shoe Factory
Abiodun Shoe Factory is located on Plaza Road in Akure.
Footwear production is part of Ondo State’s light manufacturing sector and provides opportunities for leather work, shoe design, cutting, stitching, finishing and retail distribution.
Major Manufacturing Locations in Ondo State
Akure
Akure is the largest manufacturing cluster in Ondo State.
The April 2026 commercial directory recorded 69 manufacturers in Akure, making the state capital the largest concentration by a substantial margin.
Important sectors include:
- Cocoa processing
- Food manufacturing
- Palm oil processing
- Pharmaceuticals
- Construction materials
- Plastics
- Furniture
- Footwear
- Engineering
- Agro processing
Ondo Town
Ondo town had approximately 20 manufacturer listings in the April 2026 commercial directory.
Food processing and agro allied manufacturing are particularly relevant to the area.
Owo
Owo had approximately 6 manufacturer listings in the same directory.
The town is also home to industrial businesses connected to food and agricultural processing.
Idanre
Idanre had approximately 5 manufacturer listings in the April 2026 directory.
Johnvents also has food manufacturing operations associated with the Idanre area.
Ore
Ore is increasingly important to Ondo State’s industrial economy because of its strategic location along the Benin Sagamu corridor.
The town has the Ore Industrial Park and is also the location of JB Farms’ large palm oil processing development.
Ondo Linyi Industrial Park
Ondo-Linyi Industrial Park Extrance Gate represents another industrial development within the state.
The industrial park is located around Ode Aye along the Benin Sagamu Expressway and is intended to support industrial and manufacturing activity.
Industrial parks can support factories through shared infrastructure, logistics, utilities and proximity to suppliers and markets.
Conclusion
Agriculture is the mainstay of Ondo state’s economy. The state has a number of large and small scale manufacturing businesses. Some of the largest manufacturing businesses include cassava and palm oil processing industries as well as food manufacturing industries.
Other industries include animal feed and oil manufacturing industries, pharmaceutical industries, furniture and footwear manufacturing industries, as well as other industries. Ondo state has businesses that manufacture fish and other agro allied industries.
Some of the manufacturing businesses in the state are located in Ore and Akure.
The most important manufacturing sectors include:
- Cocoa processing
- Palm oil processing
- Cassava processing
- Food manufacturing
- Animal feed
- Edible oils
- Construction materials
- Pharmaceuticals
- Furniture
- Footwear
- Fish processing
- Agro allied manufacturing
The state’s industrial landscape is also expanding in 2026. Johnvents continues to operate substantial cocoa and food processing capacity, while new palm oil facilities have been commissioned or developed in Akure and Ore.
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