San Miguel to build $150-M brewery in Los Angeles | ABS-CBN

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San Miguel to build $150-M brewery in Los Angeles

San Miguel to build $150-M brewery in Los Angeles

ABS-CBN News

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MANILA - San Miguel Corp said Wednesday it was planning to build a $150-million brewery in Los Angeles, its first in the US.

It will form part of a $500-million expansion plan that also includes two new breweries in the cities of Cagayan de Oro and Iloilo, San Miguel Corp told the stock exchange.

The plants will each have a capacity of 2 million hectoliters, the company said.

San Miguel Brewery's international operations include China, Hong Kong, Thailand, Vietnam and Indonesia, according to the company's website.

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San Miguel Corp shares were down 0.09 percent to 108.30 in early trading on Wednesday.

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