BusinessMirror: "Vitarich allocates P80 million in capex for expansion plans this year"

VITARICH Corp. said on Tuesday it is appropriating P80 million in capital expenditure (capex) this year, mainly to finance its expansion initiatives aimed at beefing up its production capacities all over the country.

"[As for] our plans moving forward, Vitarich is geared up for expansion nationwide to supply the increasing demand of food and animal feed in the country," Vitarich CEO and President Ricardo Manuel Sarmiento told reporters during a media briefing held in Bonifacio Global City, Taguig.

 

Read more: http://www.businessmirror.com.ph/vitarich-allocates-p80-million-in-capex...