Mighty Corporation Denies Plant Shut-Down, Answers Allegations

The Filipino owned market leader in manufacture of low-cost cigarettes, Mighty Corporation, slams it's competitors by telling them to observe ethical standards in doing business said by Executive Vice President and Spokesperson Oscar P. Barrientos during the reports that the company has shutdown its operations was a lie.

Mighty Corporation Executive Denies Plant Shut-Down

The retired judge said the company operations were on track and new equipment and facilities have been installed to make the work flow more efficient.
“Our business operations are normal and on track. It is business as usual for the company,” Barrientos said.

As one of the pioneers in the tobacco industry, Mighty Corporation has become the leading low-cost cigarette manufacturer in the country. Mighty Corporation has two major facilities in Malolos City, Bulacan.  

The rumors of company shutdown was started by MC's  recent comprehesnive maintenance work and installation of new equipment on its plant in Mololos, thus, its competitors used the alleged shutdown to attack the company’s image. 

“Rehashed issues that had no basis in fact” but the rumors were disturbing because it appeared to signal “a new low in the mudslinging campaign.” as the retired judge said about the criticism they have received.

“Efforts to cast Mighty Corporation in a bad light, to the point of resorting to outright lies, are pathetic and lamentable,” Barrientos said. 

“Instead of focusing on improving their business processes, our competitors have resorted to waging a smear campaign against us. This is not good coporate practice,” he added. 

In another controversy, Mighty Corporation answers allegations of Tax Evasion and Smuggling through their Counsel Atty. Miguelito Ocampo.

“While our company cannot comment on how other cigarette companies price their cigarettes, what we can say is that our company can sell P1 per stick because aside from having comparatively lower administrative and operating expenses, Mighty does not pay royalty fees to foreign companies for the use of our brands of cigarettes,” Ocampo said. 

Competitors with foreign brands have to pay royalties to their mother companies which adds up to the retail prices of their products, the lawyer explained. 

“Mighty also does not pay service fees or management fees to any foreign company,” Ocampo said, stressing that the Filipino-owned cigarette manufacturing firm uses more local components and inputs rather than import most of them. 

“Finally, it might interest the public to know that Mighty is not the only company that currently sells P1 per stick cigarettes,” the lawyer further said