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Epson Opens New Inkjet Printer Plant in Philippines

“The company and its new factory will contribute to inkjet innovation and visual innovation..." – Epson President Minoru Usui

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By: Anthony Locicero

Copy editor, New York Post

Seiko Epson’s Philippines-based manufacturing subsidiary, Epson Precision, Inc., held an Aug. 25 ceremony to celebrate the opening of a new plant, the parent company said in a press release.

According to the press release, Epson Precision is preparing to increase inkjet printer and projector production this year, and the new plant, which was completed at the end of June, provides extra inkjet printer production capacity.

“Epson Precision will play a critical role in Epson’s medium- and long-range business strategy,” said Epson President Minoru Usui. “The company and its new factory will contribute to inkjet innovation and visual innovation, two of the four areas of innovation we are targeting under the Epson 25 Corporate Vision.”

Epson uses a vertically-integrated business model involving the manufacturing, sales, service and support of finished products built from the ground up using original inkjet, 3LCD and other technologies, the press release states.

Going forward, Epson will leverage this model to provide products and services that surprise and delight customers around the world, according to the press release.

Per Epson: 

Outline of new plant

Investment amount Approx. US$143 million from FY2015 to FY2017
Products manufactured Inkjet printers
Start of operations July 2017
Building area Approx. 53,000 m²
Total Floor area Approx. 108,000 m²
Structure Two-floor steel framed building

Outline of Epson Precision (Philippines)

Company name Epson Precision (Philippines) Inc.
Address Lima Technology Center, Lipa City, Batangas, 4217, Philippines
President Tadaaki Hagata
Established December 27, 1994
No. of employees Approx. 14,400 (as of the end of May 2017)
Land area Approx. 230,000 m²
Total Floor area Approx. 193,000 m² (including the new plant)
Products manufactured Inkjet printers, projectors, smart glasses
Ownership Epson Precision (Philippines) is a wholly owned subsidiary of Seiko Epson Corporation
 



Photo courtesy Epson

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