updates
Major foreign investors inaugurate facilities at FPIP
by: Manuel S. Lizardo Jr.
Wednesday, November 21, 2012

Three of the probably biggest manufacturing investment projects in the Philippines during the past three years were inaugurated one after the other at the First Philippine Industrial Park (FPIP) in Sto. Tomas/Tanauan, Batangas.

 

On October 3, B/E Aerospace inaugurated its 25,000- sq. m. facility situated on a 63,000-sq. m. lot. The company has invested P2 billion (investments will eventually total $100 million) in the Philippines, and its state-of-the-art factory in the country is its first outside of the US and Europe. The company will initially employ 200 Filipinos and increase this to 1,000 in three years.

 

On October 12, Nestlé Philippines held ceremonies to open its factory that will produce Coffee-Mate creamer and eventually Bear Brand milk. The P5-B, 44,000-hectare factory standing on a 270,000-sq. m. lot is equipped with rainwater collection systems, wastewater collection and reuses infrastructure and light energy-saving devices. It is Nestlé’s first Coffee-Mate factory and the company’s fifth manufacturing facility in the country.

 

Murata Manufacturing Co., LtdOn October 22, Murata Manufacturing Co., Ltd. inaugurated its 37,600-sq. m. facility constructed on a 228,000-sq. m. lot. During the inauguration ceremonies, company officials declared plans of doubling the factory area by 2013. The P3-B factory in the Philippines is its biggest in Asia and will play an integral part in the company’s overseas expansion plans especially in the ASEAN markets. When fully completed, Murata’s manufacturing facility will employ a total of 3,000 Filipinos.

 

Canon Inc., Brother Industries, Ltd. and hearing aid manufacturer Sonion are also constructing their respective factories at FPIP. The park has been cited for its unparalleled customer service, full in-house engineering capability and "its excellent infrastructure, ease of access, environmental advantages and proximity to the ports of Batangas and Manila."