Japanese clutch maker invests P710M in Batangas facility

Japanese clutch manufacturer invests P710M in Batangas facility

/ 02:16 AM February 10, 2024

MANILA, Philippines  The local unit of Japanese clutch manufacturer Ogura Clutch Co. Ltd. has invested P710 million in a new facility for its manufacturing operations and distribution in the Philippines, relocating from one special economic zone in Laguna to another one in Batangas.

On Thursday, Aboitiz InfraCapital (AIC) said Ogura Clutch Philippines Inc., had relocated its operations to its 826-hectare industrial-anchored LIMA (Lipa-Malvar) Estate in the province.

Ogura Clutch Philippines specializes in manufacturing clutch parts, supplying big automobile brands such as Toyota, Mercedes-Benz and Ford.

Article continues after this advertisement

Their newly established facility at the LIMA Estate is projected to generate about 1,500 job opportunities for the residents of Lipa and Malvar in Batangas.

FEATURED STORIES

The infrastructure arm of the Aboitiz Group said the new facility covers 16,144 square meters within the 200-hectare industrial expansion zone of the LIMA Estate.

READ: Aboitiz expands industrial estate as offices drop remote work setup

Article continues after this advertisement

“Here at LIMA Estate, we are eager to collaborate closely with our partners to foster an environment where both businesses and local residents can thrive, and we look forward to forging a legacy of economic prosperity and positive social impact,” said Clifford Academia, vice president for operations of LIMA Land.

Article continues after this advertisement

For his part, Ogura Clutch Philippines president Toshio Takahashi, said they strategically chose to relocate operations to LIMA Estate due to its comprehensive infrastructure development solutions.

Article continues after this advertisement

“The distinctive support provided by AIC for Japanese manufacturing companies, notably demonstrated through organizations like the Japanese Locator Association, distinguishes the estate from other industrial parks,” Takahashi said in a statement.

“This unique environment not only aligns with but also enhances Ogura Clutch’s ability to conduct business with unwavering confidence,” he added.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: industrial estate, Japanese, manufacturing

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.