Japanese company expands manufacturing operations in Clark
A Japanese manufacturer of surgical non-sterile and surgical guide wires used for advanced surgical procedures will invest an additional R211 million on its expansion program here.
In the lease agreement signed by Clark Development Corporation (CDC) and TRS Philippines Corporation (TRS), the Japanese firm will acquire an additional 4,355 square meter property here in the next 25 years.
The agreement was signed on September 2 by CDC OfficerIn-Charge Noel F. Manankil and TRS Philippines Chairman Teruo Hashimoto.
TRS Corp. Phils. General Manager Girlie Jane Santos said TRS is manufacturing surgical guide wires mostly used for angioplasty, angiogram, endoscopy and other similar medical fields are being exported to biggest and best known medical companies in Japan, Singapore, Germany, China, US, Brazil and India.
TRS has been a registered locator in Clark since 2006 with 116 employees accumulated for the last 10 years. With the expansion, the firm is expected to hire an additional 80 employees within one year of operation in the expansion area.
According to Santos, the company offers unique benefits to workers, who are mostly females. They are provided by the company with rice subsidy, fruits, milk supplement, vitamin C, meal and transportation allowances, among others.
Aside from surgical nonsterile and surgical guide wires, the company also manufactures disposable surgery suite, medical accessories for medical equipment and apparatus and other related goods of a similar nature for export.
The expansion project will soon rise at C.M. Recto Highway here. (BCM)