Epson to open Batangas printer factory in 2017

Click:1225　Date:2015-08-08 09:37:00　Information Source:The Standard

    Epson Precision Philippines Inc. expects a new plant in Batangas to start operating by 2017 to hike production of ink jet printers and projectors for the local market and for exports to the US, Japan and China, a company executive said Thursday.

    Epson Philippines president and country manager Toshimitsu Tanaka said the new plant in Lipa City, which started construction this year, would increase annual capacity by 1.2 million units of inkjet printers and projectors.

    Its current manufacturing plant is producing 6 million units of inkjet printers and projectors annually.

    The company announced in December 2014 it would invest P4.7 billion to construct a new plant  in Batangas to increase inkjet printer and 3LCD projector production volumes.

    The state-of-the-art facilities are being constructed inside the existing site in Lipa, Batangas.

    Epson will also install a solar power generation system with a capacity of about  3,000 kWh on the roof of the new plant. The solar system will reduce overall daytime electricity consumption at Epson Precision Philippines by half.

    Tanaka said the company decided to expand its manufacturing plant in the Philippines because it had cheaper labor cost compared to China and Indonesia, where the company also has manufacturing plants.

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