Epson opens new factory in Philippines
TOKYO —
Epson Precision (Philippines) Inc, a manufacturing subsidiary of Seiko Epson Corp, has opened a new factory in the city of Lipa, in Batangas province. The new factory will significantly increase Epson’s 3LCD projector and inkjet printer manufacturing capacity.
In addition to local suppliers, Epson President Minoru Usui and Managing Director Tadaaki Hagata, the opening ceremony was attended by dignitaries from the government of the Philippines, including President Benigno S Aquino III and Lilia de Lima, Director-General of PEZA. Also present was the Japanese ambassador to the Philippines, Toshinao Urabe.
Built on land adjacent to Epson’s existing plant Factory 1, Factory 2 will increase the company’s projector production capacity to about one million units per year by the end of FY2012. Moreover, the plant is expected to have increased its annual inkjet printer production capacity to about six million units, or double its current capacity, by the end of FY2012. Total investment in this project by that time will amount to approximately $110 million, while the workforce will grow from the current headcount of about 6,000 to approximately 8,000.
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1
sensei258
Good, that means more jobs for Filipinos who want to work. Maybe fewer of them will come to Japan, make unwanted children, and marry their boyfriend just for the immigration status.
0
Serrano
Epson makes high quality goods.
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