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Ginebra to build 4 new plants to recapture number 1 spot

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ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2018/news/07/11/ginebra.jpg"/><figcaption>Ginebra San Miguel products are shown in this photo from the hard liquor maker&#x27;s Facebook page</figcaption></figure></div><p>MANILA -- Ginebra San Miguel plans to build as many as 4 new plants to reclaim its position as the country&#x27;s top hard liquor producer, company president Ramon Ang said.</p><p>The company is looking at 8 potential sites for the production facilities. Ginebra will have 10 factories once the expansion is complete, Ang told reporters.</p><p>The new plants will produce hard liquor as well as flavored drinks and lower alcohol mixes, he said.</p><p>Shares of Ginebra San Miguel were down 1.85 percent to P23.90 in early trading on Wednesday.</p><div><strong>-- Warren de Guzman, ABS-CBN News</strong></div>

<p>The company is looking at 8 potential sites for the production facilities. Ginebra will have 10 factories once the expansion is complete.</p>

The company is looking at 8 potential sites for the production facilities. Ginebra will have 10 factories once the expansion is complete.