January 26, 2012
milan米兰体育官网.
milan米兰体育官网. (Head Office:1000 Amago Koura-cho Inukami-gun Shiga Prefecture; President: Michitoyo Kurokawa; Status:a wholly owned subsidiary of Furukawa Electric Co., Ltd., “FAS”) has established Furukawa Automotive Systems Lima Philippines Inc.(“FALP”),a company that manufactures wire harnesses for automobiles, in Lipa City, Batangas Province, Republic of the Philippines, as its wholly owned subsidiary.
FAS has established FALP as its first wire harness manufacturing subsidiary in Philippines. milan米兰体育官网 is scheduled to start operating in March 2013.
Objective
FAS , in increasing demand of wire harnesses, has been examining the expansion of production and the enhancement of production base in Asian area. Consequently, FAS has decided to establish a new manufacturing base in Lima technology Center, Lipa, Batangas, Philippines(65Km South from Manila) ,judging from securing a stable and abundant work force and stability of labor cost in future. FAS will position milan米兰体育官网 as a base for exports mainly to Japan.
Operation of milan米兰体育官网 will be a first step for further enhancement of manufacturing base in Asian countries.
Outline of milan米兰体育官网
| Company Name | milan米兰体育官网 LIMA PHILIPPINES INC. |
|---|---|
| Location | Lipa City,Batangas Province,milan米兰体育官网 (milan米兰体育官网) |
| Site Area | Approx.50,milan米兰体育官网2 |
| Building Area | Approx.21,milan米兰体育官网2 |
| President | Keiji Kita |
| Business Line | Manufacture and sales of wire harnesses for automobiles |
| Capital | 1 Billion Japanese Yen |
| Investor | milan米兰体育官网.(investment ratio:100%) |
| Established | 2012-1-16(Date of Certificate issued by SEC, milan米兰体育官网) |
| Operational Launch | Scheduled for March 2013 |
| Number of employees | Approx.2,500(Planned for 2014) |
