Gardenia to invest P1B in a new plant in Mindanao | Inquirer Business

Gardenia to invest P1B in a new plant in Mindanao

/ 05:15 AM September 27, 2017

Leading bread manufacturer Gardenia Bakeries plans to invest close to P1 billion in a fully automated bread manufacturing plant in Mindanao in a bid to meet growing demand in southern Philippines.

In a statement on Tuesday, the company said it would soon construct a new state-of-the-art bread manufacturing facility within the Phividec Industrial Estate in Misamis Oriental, near Cagayan de Oro (CDO).

This will be the company’s third large manufacturing plant in the country.

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Its first and biggest manufacturing plant in Laguna caters to market demand in Luzon, while the plant in Cebu services Visayas.

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The company, which accounts for more than 60 percent of the bread market in the country, said the facility in Mindanao could produce 130,000 loaves and buns a day, which would be distributed all over southern Philippines.

“Gardenia’s Mindanao plant is a completely new breadline that will feature robotics and the latest available technologies in modern baking sourced from the best bakery equipment suppliers,” Gardenia president Jun Umali said in a statement. —ROY C. CANIVEL

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TAGS: Business, Gardenia

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