# San Miguel Corp invests P75B in food and beer lines

San Miguel Corp will invest up to P75 billion in its food and beer businesses, including new processing plants for Purefoods meat products, new bottling lines for beer, and a new brewery in Mindanao.

- Type: Investment
- Announced: 2017-01-03
- Where: Cavite, Cagayan de Oro, Cebu, Santa Rosa, Laguna, Mindanao, Philippines
- Value: $1.50B (75.0B PHP)
- Starts operating: 2018
- Status: announced
- Capacity: 3 million hectoliters brewery in Cagayan de Oro; 2 million hectoliters expansion in Santa Rosa
- Products: hotdog, corned beef, luncheon meat, Spam, chicken nuggets, beer
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [San Miguel Corp](https://endata.com/companies/5541.md)
- [Hormel Foods](https://endata.com/companies/434.md) (partner)
- [San Miguel Pure Foods](https://endata.com/companies/21246.md) (investor)

## Sources

- [business.inquirer.net](https://business.inquirer.net/222386/smc-invests-p75b-food-lines), 2017-01-03: "The expansion of the food business will cost San Miguel an estimated P60 billion in capital expenditures until 2018, the bulk of which will be spent on new production facilities for its hotdog, corned beef and luncheon meat products."
- [just-food.com](https://www.just-food.com/news/san-miguel-corp-plans-food-business-investment/), 2017-01-05: "The bulk of which will be spent on new production facilities for Pure Foods’ hot dog, corned beef and luncheon meat products."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.