First Balfour marks 50 years

LOPEZ-LED First Balfour, one of the country’s leading engineering and construction companies, celebrated its 50th anniversary last November 28 by hosting a dinner and special ceremony. The event gathered those who played instrumental roles in the company’s growth over the years, including valued clients, key business partners, top suppliers and government officials.

A subsidiary of First Philippine Holdings (FPH), First Balfour originally began in 1969 as a spinoff of Manila Electric Co.’s former power plant and design unit, called the Philippine Engineering & Construction Corp. In 1976, Pecco changed its name to Engineering & Construction Corp. of Asia (Ecco-Asia) to signal the company’s expansion into the construction of power transmissions, oil refineries and industrial plants. First Balfour, as it is known today, emerged after a series of mergers and more name changes spanning almost a decade.