GermanY’S Stihl Group said it decided to locate its new manufacturing plant in the Philippines because of the country’s favorable business climate, its fast-growing economy and its political stability.
Stihl’s affiliate, Zama Precision Industry Manufacturing Philippines, Inc., recently broke ground for its P2.5-billion manufacturing plant at the First Philippine Industrial Park (FPIP) in Sto. Tomas, Batangas.
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