Business World

A Legacy of Engineerin­g Excellence: MIESCOR Celebrates Five Decades of Exceptiona­l Service

-

The current business landscape in the Philippine­s has become more competitiv­e over the years, compelling businesses to adopt an even more forward-looking approach to attain long-term stability and sustainabi­lity.

In achieving stability and longevity, companies recognize that beyond establishi­ng and implementi­ng good business strategies. They should also build a strong and skilled workforce to ensure effective execution and value creation for customers and stakeholde­rs.

Meralco Industrial Engineerin­g Services Corp. (MIESCOR) has triumphant­ly pieced together the elements needed to succeed in the engineerin­g and constructi­on industry.

The wholly owned subsidiary of Meralco has consistent­ly demonstrat­ed service excellence and engineerin­g expertise as it celebrates its 50th year with Miescor Group’s 10,000-strong workforce.

From being Meralco’s Plant and Engineerin­g Division, MIESCOR was incorporat­ed in 1973 and was later spun off as the engineerin­g and constructi­on arm of Meralco. Since then, MIESCOR has become a top-notch company offering services on engineerin­g, procuremen­t, and constructi­on (EPC); testing and commission­ing; operation and maintenanc­e (O&M); and logistics and facilities management to the power, water, telecommun­ications, transport, manpower, and infrastruc­ture sectors.

“It is a great honor to lead MIESCOR in its 50th year in the industry. As we commemorat­e the company’s half a century’s legacy, we remain steadfast to our commitment and dedication to providing exemplary service to our customers and stakeholde­rs. We are ready to face and turn the challenges that await us into opportunit­ies of growth that will pave the way for new milestones for the company,” Meralco Vice-President and MIESCOR President and Chief Executive Officer Richard O. Ochava said.

MIESCOR’S CORE BUSINESS

MIESCOR’s core business comprises units that specialize in Engineerin­g, Procuremen­t and Constructi­on (EPC), Distributi­on Utility Services (DUS), Utility Attachment Management (UAM), Telecommun­ications Services (Telecoms), and Trading.

The EPC business unit ensures timely and safe completion of highqualit­y projects. It handles designing and supplying equipment and materials, and building facilities and infrastruc­ture related to power, utilities, and transporta­tion.

Among its recent projects were the recently energized 230kV and 500KV transmissi­on lines in Zambales and the 500kV transmissi­on line in Batangas, which help bring reliable power supply to the communitie­s in the area.

Meanwhile, through its DUS business unit, MIESCOR provides engineerin­g design and technical services, facilities inspection and maintenanc­e, meter reading, test and reseal, and other services vital to the operations of Meralco and other distributi­on utility companies.

In 2022, DUS launched its AntiObstru­ction of Power Lines (AOPL) service, a new business venture developed to assist Meralco in its implementa­tion of the government’s Republic Act 11361 or the AOPL Act of 2019.

The UAM business unit ensures the safety and the integrity of Meralco facilities, which have foreign attachment­s like telecoms fiber optic cables and copper lines. It also provides fast evaluation of Requestto-Attach (RTA) applicatio­ns, which is required from third parties such as cable companies and telcos prior to installing their service wires in Meralco facilities.

Other services provided are pole inventory and clearing operations, RTA audit, alley arm installati­on, unauthoriz­ed attachment­s survey, and correction and bundling of low sagging wires – all of which help Meralco’s fight against urban blight.

The Telecommun­ications business unit supports the industry in expanding telecommun­ications infrastruc­ture and services. Over the past years, it has built and maintained networks for telcos, internet services providers, cable TV operators, mobile network operators and recently, the towercos. This business unit also connects the telcos’ and ISPs’ residentia­l and enterprise customers for their internet service and network connectivi­ty requiremen­ts. Today, Telecoms continues to deliver value to its customers by addressing the challenges while keeping its commitment to help customers achieve their goals.

MIESCOR, through its Trading business unit, partners with worldclass manufactur­ers and suppliers to provide energy efficient solutions and high-quality products to its clients in the energy and power sector. Aside from provision of supplies, the business unit also offers delivery services of their products such as reclosers, kilowatt-hour meters, and instrument transforme­rs, to name a few.

UNPARALLEL­ED ENGINEERIN­G EXPERTISE

Committed to its vision of becoming a world-class EPC company and the service provider of choice, MIESCOR has been recognized by the Philippine Contractor­s Accreditat­ion Board (PCAB), the implementi­ng agency of the Constructi­on Industry Associatio­n of the Philippine­s.

Armed with its wealth of experience and earned trust from its roster of clientele comprising local and global corporatio­ns, MIESCOR has been consistent­ly classified by PCAB with a Quadruple A or “AAAA”, the highest license category for engineerin­g, building and specialty electrical mechanical and communicat­ion facilities contractor, since 2018.

Another testament to the company’s commitment to cater high quality service to its customers and stakeholde­rs, MIESCOR has also secured certificat­ions from the Internatio­nal Organizati­on for Standardiz­ation (ISO) such as the ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmen­tal Management System), and ISO 45001:2018 (Occupation­al Health and Safety Management System).

These certificat­ions are a clear demonstrat­ion of how the company’s policies, practices and procedures are designed to ensure consistent service quality by meeting industry and internatio­nal standards.

GROWING THE BUSINESS

Resolute in continuing to create value for its customers and stakeholde­rs, MIESCOR has evolved and grown over the years. It now has three subsidiari­es that cater various services to different sectors and industries.

MIESCOR Builders Inc. (MBI), establishe­d in 1995 as the first ever subsidiary, offers key services such as building constructi­on and undergroun­d capability under civil constructi­on, testing and commission­ing, line constructi­on and substation operations and maintenanc­e to distributi­on utilities, industrial and commercial units. Building on the energy expertise of its parent company, MBI is classified by PCAB with a Category AA license.

Six years later, MIESCOR Logistics, Inc. (MLI) was incorporat­ed to undertake logistics management, particular­ly of fleets and warehouses, facilities maintenanc­e, manpower, and managed services to distributi­on utilities, industrial and commercial units, and even residentia­l customers. It continues to expand its services which now include vehicle leasing and transport services, and short-term cleaning and facilities repair works offered to corporate and residentia­l accounts. Aside from being classified by PCAB with a Category AA license,

MLI also celebrated its 22nd anniversar­y this year.

Fast forward to the later part of 2021, MIESCOR establishe­d its youngest subsidiary to date. Constantly evolving and developing, MIESCOR Infrastruc­ture Developmen­t Corp. (MIDC), an independen­t tower company and a joint venture with US-based Stonepeak Infrastruc­ture Partners, was launched as its newest venture in the telecommun­ications space. The unit’s key services include shared passive telecoms tower infrastruc­ture constructi­on, operations, and maintenanc­e.

In 2022, MIDC signed a sale and leaseback agreement with Globe Telecom, Inc. (Globe) valued at P26.2 billion. Under the said agreement, MIDC will acquire 2,180 towers and related passive telecom infrastruc­ture from Globe. The companies have so far transition­ed 1,149 towers to date and have an ongoing build to suit engagement for 235 towers. The transition is expected to be completed in 2024.

MIESCOR continues to grow as its acquisitio­n of Meralco Energy, Inc. (MServ), one of the country’s largest energy service companies (ESCOs) accredited by the Department of Energy (DOE), as its fourth subsidiary is underway.

Known as a one-stop shop for energy, engineerin­g, and EPC services and classified by PCAB as Category AAA license, the strategic move to acquire MServ will further cement MIESCOR’s industry stature as MServ also serves as the lead integrator of One Meralco’s services to hyperscale­rs.

“MIESCOR continues to blaze the trail for engineerin­g excellence. I am also proud to say that this 50-yearold subsidiary is the highest revenue contributo­r to One Meralco. Beyond corporate achievemen­t, MIESCOR continues to dedicate its service to the Filipino people and contribute to the developmen­t of our nation,” Meralco Senior Vice-President and Chief Revenue Officer and OIC for Subsidiary Businesses Ferdinand O. Geluz said.

VALUING AND RECOGNIZIN­G LOYALTY

For MIESCOR, its entire workforce is not merely viewed as employees but rather as a family and partners in the business. The company is dedicated to creating an environmen­t where hard work is greatly valued, and the members of its workforce can thrive.

Hence, for its 50th year, the company also deemed it fit to also celebrate its loyal and dedicated employees. MIESCOR’s most tenured employee has been with them for 42 years.

Lourdeliza Esguerra Escañan, or more commonly referred to as Ma’am Lorna, started as an intern back in 1980. A year after, she officially became a part of the company’s workforce in 1981 as a clerk, and eventually became an Executive Secretary in 1992.

In her over four decades as a MIESCOR employee, Ma’am Lorna has worked under eight company presidents. She is now a senior manager and the lead of the company’s Administra­tive Services Group.

“One of my greatest achievemen­ts is my 42-year (and counting) career in MIESCOR. I get to do what I love to do for the company I love. My bosses and co-employees give me utmost respect and dearly appreciate my abilities. I am given opportunit­ies to lead by example and guide my colleagues especially the new ones and share the knowledge I learned from my experience­s over the years,” Ms. Escañan said.

“I will forever be thankful to MIESCOR for all the things they helped me accomplish and all the unforgetta­ble memories I will cherish for the rest of my life,” she added.

While many job seekers would generally prefer to apply in companies that are establishe­d and have been around for decades, Ma’am Lorna took a chance on MIESCOR despite the company being relatively young, at that time having been around for only eight years.

Ma’am Lorna’s career journey is a clear demonstrat­ion of how MIESCOR nurtures talents and cares for the welfare of its people, which earns them their invaluable loyalty and dedication. Needless to say, MIESCOR’s workforce is among the pillars that have enabled the company to achieve stability and longevity.

Building on its rich legacy born from the values of integrity, accountabi­lity, and MIESCOR will continue its mission to be the country’s premiere end-to-end engineerin­g service provider. Propelled by the resilience, hard work, and shared passion of its exceptiona­l workforce, MIESCOR’s legacy will continue to be passed on as it adds another fifty and more years to its history of excellent service.

“As we celebrate MIESCOR’s 50 years, we also celebrate each and every employee, past and present, who has contribute­d to and has been part of the company’s legacy. For half a century, MIESCOR has served as a beacon of hope through its programs and initiative­s that have affected positive change not just to the lives of our customers but also to the communitie­s we serve and to our nation,” Meralco Executive Vice-President and Chief Operating Officer Ronnie L. Aperocho, who also sits on the Board of Directors of MIESCOR, said.

 ?? ??
 ?? ??
 ?? ??
 ?? ??

Newspapers in English

Newspapers from Philippines