Thursday, September 21, 2017
Close  
business /

EEI rolls out scaffolding rental business

business /
  • share this

EEI rolls out scaffolding rental business

/ 01:33 PM May 19, 2017

eei-logo

Yuchengco group-led construction firm EEI Corp. has rolled out a new scaffolding and formworks rental business in partnership with two Japanese firms.

The new unit JP System Asia Inc. (JPSAI) is a joint venture among EEI’s subsidiary Equipment Engineers Inc., Japan’s leading scaffolding and allied products rental company Sansin Sangyo Co. Ltd. and KYC Machine Industry Co. Ltd., a Japanese construction machine manufacturer.

ADVERTISEMENT

In a disclosure to the Philippine Stock Exchange on Friday, EEI said JPSAI had been formally launched in April.

JPSAI was incorporated last December 2016 with a 60-percent stake under EEI, aiming to “bring in the Japanese scaffolding and formworks rental standards and discipline in the Philippine construction industry.”

Founded in 1974, Sansin Sangyo offers numerous types of scaffolding and state-of-the-art solar panel systems.

For its part, KYC Machine manufactures construction machines from the small machineries to large plants. The new venture seeks to bring in its expertise in supplying shoring and scaffolding products.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: EEI Corp., Equipment Engineers Inc., JP System Asia Inc. (JPSAI), KYC Machine Industry Co. Ltd., Sansin Sangyo Co. Ltd., Yuchengco
For feedback, complaints, or inquiries, contact us.




© Copyright 1997-2016 INQUIRER.net | All Rights Reserved