CAGAYAN DE ORO CITY- Conglomerate San Miguel Corporation will be spending $300 million to put up a new beer brewery and bottling line in Mindanao, specifically, in Cagayan de Oro City. This was disclosed by Ramon Ang, Chief Operating Officer of the company.
Accordingly, San Miguel's food and beverage lines and processed meat have very strong demand. This is the reason why they are expanding. In an article in Inquirer.net written by Daxim L. Lucas, it was stated that
The company will put up a 3-million hectoliter brewery in Cagayan de Oro City which will be as big as San Miguel Brewery’s existing Santa Rosa plant in Laguna after expansion of 2-million hectoliter. The company is also said to put up chicken nuggets plant in Cagayan de Oro as well Cavite and Cebu.
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Photo credit to the owner. |
SOURCE: HERE