Epson announces opening of new manufacturing plant in Batangas

By on Mar 4, 2011 in Asia, Business Comments

Batangas, PhilippinesEpson Precision (Philippines) Inc. (EEPI) formally announced on Thursday, March 3, 2011, the opening of its new P4.5-billion ($110-million) manufacturing plant in Lipa City, Batangas.



Epson LIMA new plant
Image Credit: NewsBytes.ph

As reported at NewsBytes.ph on Friday, PEZA Director General Lilia de Lima joined Epson Precision (Philippines) Inc. president Osamu Koshiishi and Seiko Epson COO for imaging products operations Tadaaki Hagata in a simple ceremony in Batangas.

The construction of the new plant was said to have started in October last year, which is located beside the existing Epson plant in LIMA Technology Center, in Lipa City, Batangas, while its operation will start this coming October.

The two-floor manufacturing facility has an approximate area of 38,000 square meters, a bit wider than the existing plant, which is about 37,000 square meters and manufactures ink jet printers.

With the opening of the new plant, Epson’s annual projector production capacity is being expected to reach 1 million units, while the annual ink jet printer production capacity is being expected to double, to reach to around 6 million units, the report said.

In line with this, the plant is being expected to offer up to 6,000 job vacancies by 2012. But since one employee has a multiplier effect of 8 individuals, according to Ms. de Lima; Epson is essentially employing around 48,000, direct and indirect hiring.

According to Epson, Philippines is contributing around 20 percent of the worldwide supply of Epson printers, and may increase to about 30 percent once the new plant becomes fully operational.

Consequently, its plant in the Philippines is only the second projector plant of Epson, with the other one based in China.



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