Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose Aliño (2nd from right) and officials of Sanyo Denki Philippines Inc., lead the ceremonial ribbon cutting to inaugurate a new building at the Subic Techno Park inside the Subic Bay Freeport on March 22. The occasion was graced by Sanyo Denki President Hirokazu Takeuchi (extreme right), Koichi Uchibori, and Chihiro Nakayama. | PHOTO: SBMA
SUBIC BAY FREEPORT — The P2.3 billion worth of expansion by the Japanese firm Sanyo Denki Philippines, Inc. has officially begun to further boost its operation inside this free port.
In a statement on Tuesday, the Subic Bay Metropolitan Authority (SBMA) said the company’s expansion involving its phase 4 would need an additional workforce of at least 1,500.
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Sanyo Denki is seeking to increase its production of uninterrupted power supplies (UPS), cooling fans, servo amplifiers, and stepping motors.
On March 22, Aliño and officials of Sanyo Denki led the blessing and inauguration ceremony for the phase 4 expansion at the Subic Techno Park.
Sanyo Denki Philippines Inc. President and CEO Hirokazu Takeuchi, Chairman Chihiro Nakayama, and Director Koichi Uchibori thanked the SBMA for its support in the expansion plans of the Japanese company.
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They said the Subic Bay Freeport is the second home of Sanyo Denki as the parent company Sanyo Denki Co. Ltd. which is based in Tokyo, Japan.
Currently, the company’s Philippine branch has three factory buildings and a technology center they opened in 2019.
The company manufactures and repairs electric machines, electric appliances, computer wares, electronic materials and all the parts and accessories, as well as sells scrap materials. It also has a workforce that has grown to 4,851 employees as of December 2023.