Mega Global Corp. gears up for hike in food demand due to PHL recovery
Excerpt
One of the country’s leading sardines brands has invested P500 million for expansion projects this year and next year, as it looks to augment its fishing and canning capacities in anticipation of higher demand for its offerings. In a virtual news briefing on Thursday, Mega Global Corp. COO Michelle Chan said the firm has injected P500 million for increasing production output in the time of the Covid-19 pandemic. She said Mega is eyeing to improve its fishing and canning capacities both by 20 percent this year to fill in the growing demand for its products. As a producer of basic goods, Mega is one of the few firms benefitting from the health crisis, as requirement for canned items that are included in relief bags are high at the moment.
Citation
Rosales, E. F. (2020, June 19). Mega Global Corp. gears up for hike in food demand due to PHL recovery. Business Mirror, p. B1.
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