San Miguel Foods, Inc. will build a P120-million poultry processing facility in Misamis Oriental. This after San Miguel Foods Inc. recently inked an agreement with North Star Asia Holdings Corp. to build a plant that could process 30,000 chickens daily.
Under the agreement, North Star Asia will set up the plant, while San Miguel will pay for the processing of chicken.
The plant, which will rise within a 3.7-hectare area in El Salvador, Misamis Oriental, will be the second export-oriented processing facility for North Star, next to the company’s existing plant in Davao. The plant will comply with all requirements under the Hazard Analysis and Critical Control Points and International Organization for Standardization. The processing plant will also be halal-certified.
Accordingly, 60% of the plant’s output will be for export, while the remainder will be for the local market. To be shipped out are skewered poultry. The main products would be ‘yakitori,’ or Japanese chicken barbecue.
Because the processing is labor-intensive, the plant is expected to open employment opportunities in the host town. This will also result in poultry growership contracts in areas around El Salvador, which is adjacent to Cagayan de Oro City.
Initially, San Miguel Foods will export the plant’s output to Japan to augment the volume shipped to that country from processing plants in Luzon. Tthe new processing plant is expected to have a bigger share of Japanese processed poultry imports in the future.
Now this is a much welcome development. San Miguel previously had PHIVIDEC as its site for the agro-industrial complex, specifically near the former Coresteel roll forming plant.