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                    [ArticleID] => 98432
                    [Title] => Purefoods-Hormel to put up P1.2-B meat processing plant
                    [Summary] => Purefoods-Hormel Co., a joint venture company created by the two meat industry giants, is investing P1.2 billion in a new most processing plant that will be put up in Alaminos, Laguna.


This developed as mother company Purefoods Corp. said it expects a more than 50-percent increase in its net income for the third quarter this year owing to better poultry prices and an uptick in the demand for processed meat. Although profits were better than expected during the first quarter, they were still lower than last year due mainly to very low poultry prices.


                    [DatePublished] => 2000-10-06 00:00:00
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HORMEL AND PUREFOODS

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                    [ArticleID] => 98432
                    [Title] => Purefoods-Hormel to put up P1.2-B meat processing plant
                    [Summary] => Purefoods-Hormel Co., a joint venture company created by the two meat industry giants, is investing P1.2 billion in a new most processing plant that will be put up in Alaminos, Laguna.


This developed as mother company Purefoods Corp. said it expects a more than 50-percent increase in its net income for the third quarter this year owing to better poultry prices and an uptick in the demand for processed meat. Although profits were better than expected during the first quarter, they were still lower than last year due mainly to very low poultry prices.


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abtest

Purefoods-Hormel to put up P1.2-B meat processing plant

October 6, 2000 - 12:00am

Purefoods-Hormel Co., a joint venture company created by the two meat industry giants, is investing P1.2 billion in a new most processing plant that will be put up in Alaminos, Laguna. This developed as mother company...

Business