The Company is focused in its memorial park business and operates twelve (12) first-class memorial parks that are located in the major cities of Mindanao such as Cagayan de Oro, Davao, Iligan, Zamboanga, Dipolog, Ozamiz, and in strategic locations such as Malaybalay, Bukidnon; Manolo-Fortich; Alabel, Sarangani; Bislig, Surigao del Sur; Malita, Davao del. Sur; and Pagadian City. (http://www.prycegardens.com)
PGI entered the liquefied petroleum gas industry to take full advantage of the opportunities offered by the full deregulation of the downstream oil industry in the Philippines. The company started to market LPG under the brand name “PRYCEGAS” in September 1996 in 11-kilogram, 6-kilogram and 50-kilogram cylinders. Now, it also markets 22-kilogram, 5-kilogram, 2.8-kilogram and 6-kilogram cylinders. (http://www.prycegas.com)
PGI’s initial business was in the manufacturing and distribution of oxygen (medical and industrial) and acetylene as well as trades in other gases such as argon, carbon dioxide and nitrogen in the Visayas and Mindanao areas. It currently has eight (8) industrial gas manufacturing facilities in eight different locations in the Vis-Min areas. In recent years it has decided to limit or stop the manufacturing of said gases in certain areas where it is not economical to operate due to the rising costs of production, plant maintenance, and increasing occurrence of brownouts; it instead procured those gases from third-party sources. (http://www.prycegas.com)
Pryce Pharmaceuticals, Inc. is a wholesaler and distributor of private branded multi-vitamins and some ‘over-the-counter’ generic drugs. It was organized to primarily take advantage of the ‘Generic Medicines Law’. PPhI is a relatively new player in the pharmaceutical business as it was organized in September 2005. t is, however, expected to gradually grow in the long term as the generic drugs business is a substantial industry that continues to expand.
Pryce Corp.’s non-memorial park projects
This mid-to-upscale residential development is located on a 36.4 hectare property in Dumoy, Davao City. It has a beachfront along the Davao Gulf and a frontage along a national highway where the main entrance is located.
This project is an upscale residential subdivision in Cagayan de Oro City. It is a 14.9 hectare property in scenic Puerto overlooking Macajalar Bay.
At the time of its essential completion in 1998, it was the first high-rise condominium project in Mindanao. It is a 16-level first class building on a 1,965 sq.m. lot located at the Pryce Business Park in Bajada, Davao City. The building has 89 office suites with areas ranging from 106 to 390 sq.m. and two basement levels for parking.