Japanese manufacturers of aircraft interiors and components have invested an additional P106 million to further expand their operations at the Clark Freeport in Pampanga.
Of the amount, P96.16 million came from Jamco Philippines Inc. (JPI) while the remaining P10 million would be from Show Aircraft Industry Philippines Inc. (SAIPI), Clark Development Corp. said in a statement issued Thursday.
CDC president and chief executive officer Arthur P. Tugade said this expansion move would help support the efficiency and quality of aircraft and airline industries.
“As of today, airline, aircraft manufacturing and airline industry constitute only 8 percent of the total business activities in Clark. With the opening of your business and with your supply chain providers being here with your plans, I am sure that you have laid the first stone to increase that [8-percent] share of the aircraft industry,” Tugade said.
According to the CDC chief, the firms gave a commitment to increase their employment up to 300 in the next two years, and to help Clark be known as a place where high quality, aircraft equipment supplies are manufactured in a concept of just in time delivery.
As of end April, JPI has 217 employees.
JPI manufactures commercial aircraft interior components and sub-assembly parts for Jamco America and Jamco Corp. of Tokyo. The new facility at Philexcel Business Park produces floor panels for Boeing planes, a new product line.–Amy R. Remo