Thursday, April 4, 2013

Tanduay halts production at Quiapo plant

Tanduay Distillers, Inc. (TDI) announced decommissioning of its facility in Quiapo, Manila effective April 1, 2013 to "reduce costs."

A disclosure to the Philippine Stock Exchange on April 3 said the largest rum company in the Philippines "believes that its current and anticipated future production requirements can be met through its other remaining facilities, which utilize more modern production technologies and processes."

The production facility will however serve as a backup plant and may be used again when needed. TDI has operations in Laguna, Batangas, and Negros Occidental.

TDI's flagship brand is Tanduay Rhum, an alcohol beverage which originated from 1854. Other brands include Tanduay Five Years, Tanduay ESQ, Rhum G5, Gin Kapitan and Cossack Blue.


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