THE BREWING unit of diversified conglomerate San Miguel Corp. will invest P4 billion in the next five years to build four new bottling plants including one in Cagayan de Oro City.
“Whatever capital expenditure we will do is to put up a new bottling line. First in Sta. Rosa then in Bicol, then Cagayan de Oro, and maybe Ilocos,” San Miguel Brewery Chairman Ramon S. Ang told reporters after the company’s annual stockholders meeting in Ortigas Center on Tuesday.
“With more cost-efficient production and distribution, I think company will have even better year next year that this year,” Mr. Ang
Late this year, San Miguel Brewery will break ground for its new bottling plant in Sta. Rosa, Laguna. It will start commercial operation early next year.
Existing breweries are located in Valenzuela City; San Fernando City, Pampanga; Mandaue City; Bacolod City; and Darong, Sta. Cruz, Davao del Sur, with a total annual production capacity of 15.1 million hectoliters. Each of these breweries is equipped with automated facilities capable of packaging the Company’s products in a variety of sizes and formats, including bottles, cans, and kegs.
This is another big project that would benefit hundreds of workers particularly those coming from Cagayan de Oro and Misamis Oriental area. I also understand SMC has an area inside Phividec Industrial Estate. Perhaps, they will build the plant there.