Universal Robina facts for kids
Logo used since 2016
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The Tera Tower in Bridgetowne, Quezon City, the headquarters of Universal Robina.
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Trade name
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Universal Robina |
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Formerly
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Universal Corn Products, Inc. |
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| Traded as | PSE: URC |
| Industry | Manufacturing |
| Predecessor | Consolidated Foods Corporation / CFC Corporation (1961–2010) |
| Founded | September 28, 1954 |
| Founder | John Gokongwei Jr. |
| Headquarters | 6/F Tera Tower, Bridgetowne, E. Rodriguez, Jr. Avenue, Barangay Ugong Norte, , |
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Area served
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Southeast Asia, Hong Kong and China |
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Key people
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| Products | Confectionery, snack foods, grocery and convenience foods, beverages, animal feeds and other agriculture-based products |
| Revenue |  PHP₱ 134.2 billion (2020) |
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Operating income
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PHP₱ 11.9 billion (2020) |
 PHP₱ 10.1 billion (2020) |
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| AUM | PHP₱ 64.8 billion (2020) |
| Total assets | PHP₱ 168.7 billion (2020) |
| Total equity | PHP₱ 95.2 billion (2020) |
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Number of employees
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12,320 |
| Parent | JG Summit Holdings |
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Universal Robina Corporation (URC) is a big company from the Philippines. It is based in Quezon City. URC is one of the largest companies that makes food and drinks in the country.
URC is a main part of JG Summit Holdings, Inc. This is one of the biggest business groups in the Philippines.
Contents
How URC Started and Grew
URC was started on September 28, 1954. A person named John Gokongwei, Jr. founded it. He first named it Universal Corn Products (UCP). He built a factory to make glucose and cornstarch from corn.
Early Products and Brands
In 1961, another company called Consolidated Food Corporation (CFC) was created. Their first product was Blend 45 instant coffee. This coffee became very popular. It even sold more than other big brands at that time.
After the coffee's success, CFC launched the Presto brand. This was for chocolate products in the late 1960s. They made cocoa powder, chocolate drinks, and candies. Later, they launched Nips, which are chocolate candies. These were similar to M&M's and became a favorite among Filipino children.
Growing into Farming
In 1963, Robina Farms began its work with poultry products. This was a step for the Gokongwei family to connect their businesses. The farms could buy animal feed from UCP in the future.
In the same decade, Robichem Laboratories was set up. This company helped with the health needs of the farm animals. In the 1970s, Robina Farms grew even more. They started raising pigs too.
Snacks and Mergers
In 1966, the company we know today, Universal Robina Corporation (URC), was officially formed. It was a pioneer in making snack foods in the Philippines. Their famous snack brand is Jack 'n Jill. Later, in 2010, the CFC Corporation joined with URC.
Expanding Globally
URC started to grow outside the Philippines in 2014. They bought a biscuit company called Griffin's Foods in New Zealand. In 2016, they also bought Snack Brands Australia.
In 2019, URC worked with a German company called Intersnack. They formed a joint company named Unisnack ANZ. This company included Griffin's Foods and Snack Brands Australia. However, URC later sold its part of this company to Intersnack in 2021.
In 2021, URC bought Munchy's, a company from Malaysia. This showed URC's continued growth in the snack market.
Where URC Operates
URC's main office is in Quezon City, Philippines. As of 2018, they have 19 factories in the Philippines. They also have factories in other countries. These include China, Myanmar, Thailand, Vietnam, and Malaysia.
URC also has special distributors in Laos and Cambodia. They have sales offices in Hong Kong and Singapore too.
URC and Sports
URC used to own a basketball team. It was called the Great Taste Coffee Makers. This team played in the Philippine Basketball Association. They played from 1975 to 1992. The Coffee Makers won six championships during that time. In 1992, URC sold the team.
See also
- John Gokongwei
- JG Summit Holdings
