Completion of the new production facility is expected in about two years. It will have an initial capacity of one million hectoliters.
Currently, SMB has two breweries in the Visayas region, the Mandaue and Bacolod breweries, built in 1968 and 1990, respectively.
The Iloilo facility is part of San Miguel’s ongoing capacity expansion program, first announced in 2017, to grow its core business, meet increased demand, and bring economic growth and jobs to key regions nationwide.
SMB is set to complete a new brewery in Tagoloan, Misamis Oriental and convert its existing Santa Rosa, Laguna bottling facility into a full-fledged brewery. The company is also developing a more efficient distribution system.
“We look forward to growing our presence in the Visayas region. This major development is an important part of San Miguel’s current expansion in key regions nationwide,” SMC president and COO Ramon Ang said.
“Our aim is to help our nation achieve its development goals by investing in emerging growth areas. With this investment, we hope to help accelerate the region’s overall growth and bring more jobs to our countrymen in the south.” Ang said.
For his part, SMB president Roberto N. Huang said: “This is a significant milestone for our company as we continue to pursue new growth opportunities. Over the long-term, this new facility will allow us to address growing demand and maximize efficiencies throughout the supply chain,” said SMB President Roberto N. Huang.
SMB is the market leader in the beer industry, holding over 95% market share. SMB has breweries strategically located in Valenzuela, Pampanga, Mandaue, Davao del Sur and Bacolod, and a bottling facility in Santa Rosa, Laguna.
Press Release: SMB breaks ground for new facility in Iloilo