|Epson To Expand Manufacturing Plant in the Philippines|
Seiko Epson Corporation or most commonly known as Epson in the printer industry will invest another 12.3 billion yen or about 4.6 billion pesos to expand its production plant in the Philippines.
The new manufacturing plant will rise in the existing site at the Lima Technology Center in Lipa City, Batangas wherein the current workforce of 12,500 is expected to rise to around 20,000 employees when the building is completed and in operation on second quarter of 2017.
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The company is registered locally as Epson Precision (Philippines) Inc., they have been in operation in the country since 1994. This will be the third factory of Epson in the same location wherein they also invested about 110 million US dollars in the second factory last 2011.
The new plant (the blue area in the above photo) will occupy approximately 100,000 square meters of their total leased land of 230,000 square meters. This will be the home for the ink jet printers, 3LCD projectors and smart glasses like the Moverio BT-200.
Moreover, Epson will also install about 3,000 kWh solar panels on the roof of the new plant, which they estimate will reduce their overall daytime electricity consumption in half.