HOMEGROWN fast food giant Jollibee Foods Corp. (JFC) has entered into a partnership with a unit of US-based Cargill Inc. to build a poultry processing plant in Sto. Tomas, Batangas

In a disclosure to the Philippine Stock Exchange, the fast food giant said that the joint venture will be known as Cargill Joy Poultry Production Inc. (CJPMPI) and will be owned 70 percent by Cargill and 30 percent by JFC.

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