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Procter & Gamble Philippines, Inc., is set to
pour in fresh investments to increase its logistics capacity in the
country, the manufacturing giant announced in a statement Wednesday.
P&G document showed the
company will spend P350 million for the construction of a new
distribution center within it’s manufacturing plant in Cabuyao,
Laguna.
The company will break ground for
the new site today.
The company said the undertaking
will enhance its consumer services and strengthen its presence in
the Philippines.
In 1996 the company closed down
its Tondo plant and opened a more modern facility in Cabuyao. The
plant’s 2,600 workers produce the company home and fabric care
products such as Ariel, Mr. Clean, Perla, Tide and Joy dishwashing
liquid.
Three years ago P&G announced
it would invest around $10 million annually in the Philippines over
the next three years as part of plans to make the country the Asian
manufacturing and service hub of the US consumer products giant.
The opening of its new
distribution center in the country reaffirms its commitment to make
the Philippines the regional source and exporter of its paper
products, toilet soaps, dishwashing liquids and detergent products
to other Asian countries, a company statement said.
--Katrina Menen A. Valdez
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