New U.S.-Philippines Joint Venture to Create some 1,000 Jobs in Batangas

Manila — U.S. Deputy Chief of Mission Michael S. Klecheski participated in the opening ceremony for a new Cargill-Jollibee poultry processing plant in Santo Tomas, Batangas.

Cargill Philippines, Inc. and Jollibee Foods Corporation have entered into a joint venture to build and operate a poultry processing plant. The facility will provide dressed and marinated chicken to meet the growing needs of Jollibee Foods Corporation brands. The partnership will create an estimated 1,000 new full-time jobs in Batangas and nearby provinces.

Cargill is one of the largest agribusinesses in the United States, and Jollibee Food Corporation is the largest fast food corporation in the Philippines. This new joint venture is an excellent example of the strong economic ties between the Philippines and the United States.