Consumer electronics manufacturing giant Cal-Comp Technology (Philippines), Inc. continues to solidify its foothold in the Philippines with an expansion project for its 140,000-square meter facility in Lipa City, Batangas.
Cal-Comp Tech has started the construction of an additional 24,000-square meter facility, which will be completed in the fourth quarter next year. The expansion will provide about 3,000 new jobs for Filipinos.
New Kinpo Group (NKG) and Cal-Comp Tech CEO Simon Shen said, “Everything will continue as planned. We are on track in making the Philippines our next main manufacturing hub in Southeast Asia, and we will grow our capacity down the line to reach more customers here and across the globe.”
Earlier this year, Cal-Comp Tech announced the construction and development of Phases 2 and 4 of its First Philippine Industrial Park, Inc. manufacturing complex in Sto. Tomas, Batangas, where its subsidiary, Kinpo Electronics (Philippines), Inc., is located. This will add approximately 48,000 square meters of space for manufacturing.
Cal-Comp’s parent NKG plans to double its workforce in the Philippines by 2020 as the company’s local operations becomes NKG’s largest manufacturing hub in Southeast Asia.
At present, Cal-Comp Tech employs around 10,000 employees in its two local plants. NKG said that Cal-Comp Tech is set to hire 5,000 Filipinos in the next 12 to 18 months as it moves to expand its operations in the country.
The company is also building up its research and development in the Philippines by increasing its local engineering division from over 140 engineers to close to a thousand.