TAGOLO-AN, Misamis Oriental -- San Miguel Brewery, Inc. (SMB), Asia’s longest running brewery, is putting up a new plant in a 54-hectare property in Barangay Sta. Ana here.
Governor Yevgeny Vincente Emano said the construction of the new SMB plant “is a dream come true” for the province.
Emano, who was out of the country during the groundbreaking ceremony last Monday, said the construction of the new SMB plant in Misamis Oriental shows the confidence of investors to the business environment of the province.
”The operation of the new SMB plant would mean employment opportunities and economic development in Misamis Oriental,” Emano said in his message read by Tagolo-an Mayor Heckert Emano.
SMB President Roberto N. Huang and acting Governor Joey Pelaez led the groundbreaking ceremony witnessed by local government and village officials.
SMB officials said the new brewery would be completed in less than two years and would have a full capacity of three million hectoliters. The last brewery was built in the Davao region in 1995.
In January this year, San Miguel Corporation President and Chief Operating Officer Ramon S. Ang announced that the company would invest more facilities to grow its core businesses.
Huang said that the construction of the new SMB plant in Misamis Oriental is a significant milestone for the brewery company as it continues to pursue new growth opportunities.
He said that the new brewery is a major step in ensuring that “we are able to meet increasing demand in the years to come.”
SMB is a market leader in the beer industry, holding over 95% market share.
Huang said that the new plant will be the company’s sixth brewery. SMB has breweries strategically located in Valenzuela, Pampanga, Mandaue, Davao del Sur and Bacolod, and a bottling facility in Sta. Rosa, Laguna.
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