• AEV unit finishes P295M Pilmico expansion


    ABOITIZ Construction Group Inc. a unit of Aboitiz Equity Ventures (AEV), said on Wednesday that it has completed expansion projects for its sister firm Pilmico Foods Corp. which are intended to boost the latter’s overall feedmill capacity amid increased demand.

    Aboitiz Construction said the feedmill expansion projects for Pilmico cost them P295 million, of which P139 million went to the design and construction of its site in Kiwalan Cove, Dalipuga, in Iligan City.

    The amount “covered the construction of material foundation, structural fabrication, erection, a motor control building and offices, and pile driving works, including supply and driving of steel piles,” the company said.

    Pilmico’s second feedmill expansion in Sto. Domingo, Capas in Tarlac has also been completed, costing about P156 million, it said.

    Such expansion covered site development, pile works, civil works, structural steel works, a feed mill control room, and the fabrication and erection of hoppers—a large, pyramid-shaped container for particulate matter.

    The two new feedmill expansions are expected to support Pilmico’s growing sales volume from the increase in demand from other market segments like poultry and game fowl by providing additional capacity.

    “Our success with Pilmico’s feedmill expansion projects reflects the continuous and robust growth of our workforce of kauban [Cebuano for "teammate”], the heart and soul of the organization,” said Napoleon Pe, Jr., Aboitiz Construction president and chief executive officer.

    “We will continue to serve more affiliates and pursue international projects as we build a global name. The awarding of additional major works, not just from existing clients but from previous ones as well, is highly anticipated,” Pe added.

    Pilmico is the food subsidiary of the Aboitiz Group. The former has been catering to consumers’ needs for high-quality wheat flour and related products since 1962. It is also engaged in swine production and animal feeds.


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