Conforming to its original vision and mission of helping millions of farmers whose lives are dependent on the tobacco industry, local cigarette manufacturer Mighty Corporation or Mighty Corp launched projects aimed at boosting farmers’ income potential.
“We have earned our fair share of the market by making affordable cigarettes sold to the mass market. We’re proud of our modest success coming from a home-grown company,” Mighty Corporation Executive Vice President Oscar P. Barrientos said as the company’s share of the domestic market increased from a minimal of 5% in 2012 to 20% last year.
Mighty Corporation is owned by the Wong Chu King family. The company has confirmed their commitment in buying more tobacco leaves to help three million farmers in Northern Luzon and their dependents.
Barrientos added that with a bigger share of Mighty Corp in the market today, the company is giving the farmers a fair share of their success by offering competitive prices to their crops and championing the cause of the Filipino farmers by buying a larger share of the low-grade leaves at good prices.
Oscar P. Barrientos, a retired judge, claimed it is not only the tobacco farmers who benefit from Mighty Corporation’s growth but the whole country as well through the company’s payment of taxes from their sale while employing more than 2,000 factory workers.
The company will continue to expand its Corporate Social Responsibility projects to help cooperatives increase their production.
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