Pres. Benigno S. Aquino III formally opened on Monday, Aug. 12, the first manufacturing plant of Japanese printer maker Brother at the First Philippine Industrial Park (FPIP) in Barangay Ulango, Tanauan City in Batangas.
The chief executive was given a tour of the facility by top Brother executives led by Brother Industries Japan president Toshikazu Koike and Brother Industries Philippines president Toshio Ito.
According to the Japanese tech firm, its total investment amounting to $114-million (about P5.59 billion) is one of highest investments it has made in its entire global operations.
The factory currently employs 449 individuals as of July 2013. With the first and second factories in full operation, number of the total employees is expected rise to 3,500 by 2015.
The facility will primarily produce printer-related products and other related components such as ink cartridges. Brother, however, also manufactures home and industrial sewing machines.
In his speech, Aquino acknowledged the company for its investment and vowed to exceed the company’s expectations.
“Out of so many other choices, you have placed your bets on the Philippines, and I tell you today: we will meet your expectations, and through the hard work and creativity of our countrymen, we will hopefully surpass your expectations,” said Aquino. — PNA