Diversified manufacturer, Joyce Corporation Ltd, says it is on track to post a target 15 per cent growth in earnings in the current year and has set a goal of nearly doubling its market capitalisation to at least $50 million by 2000 "to be relevant".

The company's chairman, Mr Dan Smetana, told shareholders at its annual general meeting in Perth on Friday they could look forward to a further increase in fully franked dividends over last year's 9.5¢, also paid after a 15 per cent increase in net earnings to $3 million.