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RFM Corporation (PSE: RFM) is a publicly listed food and beverage company in the Philippines. RFM is a manufacturer of flour and flour-based products, milk, juice drinks, and ice cream. As of June 2013, RFM had an asset base of P12 billion and a total market capitalization of P17.1 billion. [1]
The PSE All Shares Index is the stock index in the Philippine Stock Exchange (PSE) in which all of the stocks traded are included in computations of the level of the index. . It should not be confused with the PSE Composite Index which is a weighted index of 30 of the top companies on the
The history of the Magnolia brand can be traced back to 1899 when an American by the name of William J. Schober arrived in the Philippines as a cook in the United States Army. [citation needed] After the Philippine–American War, Schober would remain in the Philippines and introduced the "magnolia pie", "magnolia ice cream" and "magnolia ice ...
He was born to Norberto Ty and Victoria Ty-Tan. His father, Norberto, founded Wellington Flour Mills. [4]He attended the University of Santo Tomas, where he enrolled his bachelor's degree in commerce in 1955, but he later stopped his studies, to help his father in their flour mill business.
In 1966, Universal Robina Corporation (URC) was established. It pioneered the snack food industry in the Philippines with its Jack 'n Jill brand. In 2010, CFC Corporation would be merged with URC. In 2014, URC announced a joint venture with Danone for a beverage production and distribution business in the Philippines. [8]
Franklin Baker (1846–1923) [2] was a flour miller in Philadelphia and started the business's desiccated coconut business in 1894 after he received a cargo of fresh coconuts from Cuba in payment for a consignment of flour he exported. Baker searched for a buyer for the coconuts, and became convinced there was an untapped market for coconut.
Magnolia Inc. (formerly Philippine Dairy Products Corporation) is a Philippine food company owned by San Miguel Food and Beverage, Inc., a subsidiary of San Miguel Corporation. It is one of the largest dairy companies in the Philippines.
Central Azucarera Don Pedro was established in 1927 during the American colonial era becoming, one of the first sugar milling companies in the Philippines. [2] This was when the business' first sugar mill in Nasugbu, Batangas was built. [3] The sugar mill business would be incorporated three years later.