Reco Industries Ltd. was established in 1980 as an export and import company. The name Reco comes from “Rwenzori Electric Company”. Export of papain was the main business, but also import of machinery and equipment for agricultural processing. The factory in Kasese was established in 1986. The first production was papain extract, mainly for export. In 1988 Reco started production of foam mattresses in their factory in Kasese. The production of food products for consumers started in 1990 with production of jam in glass jars. In 2009 they invested in equipment for PET bottle production and set up a factory in Kampala.
Today the business consists of food processing and packing, including nutrition and dietary supplements, papain extract, foam mattress production, PET bottle production and running Hotel Margherita in Kasese.