A Europe-based technology company on Wednesday inaugurated a new factory in Batangas on Wednesday that will provide 800 jobs by the time it is fully running by the end of 2014.
Niels Ole Jeppesen, director general of Sonion Philippines, said that the company will invest $30 million or 23 million euros on the factory.
Sonion produces and designs advanced micro parts for audio and sound systems, as well as minute components needed for headsets and earphones.
“The inauguration of this factory is a good illustration of the strong and economic relationship between the EU and the Philippines. European companies are attracted by the skills and talents of Filipino workers,” Guy Ledoux, European Union (EU) ambassador to Manila, said.
Though production would take place in the Philippines, Sonion Philippines said that “all products will be exported.”
The construction of the 11,000-square meter factory started early 2012 hwith a $22-million operations investment. Production dry run was first conducted in November last year.
Sonion Philippines, which is accredited with the Philippine Economic Zone Authority (PEZA), has 130 Filipino workers at present. Future hires would include product and process design engineers.
“The Philippines was preferred to other locations because of the generally high educational level of the workforce, reasonable infrastructure, competitive incentives for foreign investors and good cooperation with PEZA,” Jeppesen said.
KRISTYN NIKA M. LAZO