We'll discuss Universal Robina Corporation (URC) as one of the companies that dominate the Food, Beverage & Tobacco industry. URC is one of the largest branded consumer food and beverage product companies in the Philippines. It is among the Philippines' pioneers in the industry. This company has been in the industry for more than 50 years and yet they continuously expand their wide variety of products that cater Asia,Europe, Japan, Korea, Middle East, Ghana, Nigeria, New Zealand and Australia.
The Company is involved in a range of food-related businesses, includiing the manufacture and distribution of branded consumer foods; production of hogs and poultry; manufacture of animal feeds and veterinary products; flour milling; and sugar milling and refining. URC also ventured in the renewables business for sustainability through distillery and cogeneration divisions.
San Miguel Corporation was a big customer of URC.
1. Basic Information:
Universal Robina Corporation
Sector: Food, Beverage & Tobacco
2. Company's HIstory:
1952: Mr. John put up his first company, Amasia Trading that imports basic food commodities from U.S.
1954: Universal Corn Products, Inc. was incorporated.
1959: Consolidated Foods Corporation (CFC) was incorporated.
1966: Universal Robina Corporation was established.
1970: Robina Farms entered into the hogs business. Universal Corn Products, Inc. was renamed as Universal Robina.
1971: URC Hong Kong was established.
1987: URSUMCO was incorporated.
1988: URC entered sugar milling business through URSUMCO and SONEDCO.
1989: URC Singapore was incorporated.
1994: Universal Robina Corporation becam a publicly listed company. Nissin Universal Robina Corporation, a joint venture between URC and Nissin Food Products Co. Ltd. was incorporated.
2002: URC Indonesia was incorporated.
2003: URC Vietnam was incorporated.
2013: URC factory in Myanmar was incorporated.
<Here's the Company's Stock Data for the past year 2017-2018>
<The Company's Stock Data for the past 10 years 2008-2018>
3. Present Stock (December 20, 2018)
4. Chairman of the Board
Chairman Emeritus: John L. Gokongwei, Jr.
Education: Primary and High School at University of San Carlos; Masters of Business Administration at De La Salle University
Net Worth: $4.4 billion
- Founder and Chairman of JG Summit Holdings, Inc.
- Founder and Chairman Emeritus of Universal Robina Corporation
- Founder and Chairman Emeritus of Robinsons Land Corporation
- Director of Robinsons Retails Holdings, Inc.
- Director of A. Soriano Corporation
- Executive Director of Oriental Petroleum and Minerals Corporation
- Non-Executive Director of Cebu Air, Inc.
- Non-Executive Deputy Chairman of Singapore Land Limited
- Non-Executive Director of Manila Electric Company
November 11, 2018
Universal Robina Corporation inks sustainable potato program with DA, donates quality seeds to co-op.
October 1, 2018
Universal Robina takes full control of Hunt-Universal Robina Corp.