Japanese model maker Tamiya looks to invest P2 billion into Cebu facility
Tamiya, Inc. is moving forward with its plans to invest P2 billion in an expansion of its Cebu operation this year.
Tamiya, Inc., a popular Japanese manufacturer of plastic model kits and radio-controlled cars, is moving forward with its plans to invest PHP 2 billion in an expansion of its Cebu operation this year.
Credits: Vernon B. Sarne
In a statement last Tuesday, the Department of Trade and Industry (DTI) stated that Tamiya Chairman and President Shunsaku Tamiya confirmed the company’s decision to set up shop at the Cebu Light Industrial Park. This new manufacturing line is targeted to start operations by September 2023.
Credits: Vernon B. Sarne
“The new plant and building (will be) 22,579 and 30,765 square meters (sq.m.) respectively, which will generate 300 additional jobs and increase output by 5% over three years and overall capacity by 20%,” the DTI said.
Trade Secretary Ramon M. Lopez further stresses on the efficiency, and quality of work that Filipinos showcase in production.
“We are proud that a company, known to espouse a philosophy of ‘First in Quality around the World’, has entrusted our workers with such a huge responsibility. The quality, efficiency, and productivity of Filipino workers will always remain to be the Philippines’ best and most competitive resource.”
Credits: Vernon B. Sarne
The current production plant in Cebu is reportedly Tamiya’s only manufacturing operation outside Japan. While they have offices in the United States, Germany, and Hong Kong, production has since been limited to Asia.
Having Tamiya invest in their Cebu facility is definitely a good step towards providing opportunities of gainful employment–and a bit of good news for hobbyists everywhere.