Seiko Epson manufacturing subsidiary Epson Precision (Philippines) has opened a new inkjet printer facility.
The new facility has been developed by investing around $143m to provide extra inkjet printer production capacity.
Featuring two-floor steel framed building, the new facility includes around 53,000m² of space and 108,000m² of total floor area.
Epson’s existing facility on the site started operations on an additional projector production line at the end of July.
Epson said that it uses a vertically-integrated business model involving the manufacturing, sales, service and support of finished products developed by using original inkjet, 3LCD and other technologies.
Philippine Economic Zone Authority (PEZA) director general Charito Booc Plaza said: “The new facility is a testament to Epson's commitment to continually providing high-quality products and maintaining its leadership in the international electronics industry.”
Epson president Minoru Usui said: “Epson Precision (Philippines) will play a critical role in Epson's medium- and long-range business strategy.
“The company and its new factory will contribute to inkjet innovation and visual innovation, two of the four areas of innovation we are targeting under the Epson 25 Corporate Vision."
Epson product solutions range from inkjet printers and digital printing systems to 3LCD projectors, smart glasses, sensing systems and industrial robots.
Epson Group employs around 72,000 people in its 88 companies across the globe.
Image: Epson Precision has opened a new inkjet printer plant in Philippines. Photo: courtesy of Seiko Epson Corporation.