2 weeks PH’s largest sardines brand expands under 2nd generation MB |Biz
By BERNIE CAHILES-MAGKILAT Mega Global Corp., the country’s top sardines’ brand, is embarking on its biggest expansion following exponential growth in domestic demand with the next generation of the family-owned integrated sardines manufacturing company stepping up in the leadership position. The new company CEO Michelle Tiu Lim Chan, who succeeded his father William Tiu Lim, said they are investing P500 million in capital expenditure this year to increase its capacity by 20 percent. At present, the company has rated production capacity of 300 metric tons. Increased capacity will be felt in 2021 with the coming in of its third ... more