Add all ingredients to the food processor
blend for a minute or two until the sugar has dissolved.
I usually let it sit for a few minutes or so while I get other stuff done to let it thicken up a bit.
You can use this in all recipes using condensed milk apparently. I've only used it in the Condensed Milk Cookies so far and it worked very well!
Speaking of cookies I'll be back tomorrow with a post about them, a very useful tip!