Power management company Eaton today announced that it will invest in a new manufacturing facility in the Philippines for its electrical business to further expand its operations in the Asia Pacific market. A groundbreaking ceremony was held today, and was attended by representatives from government, local organizations and Eaton leadership.
“The further expansion of Eaton’s production capability is another positive step forward in meeting our growth goals in the region,” said Ivo Jurek, president of Eaton’s electrical business in Asia-Pacific. “With improved flexibility in our manufacturing footprint, we will be able to continue Eaton’s expansion into emerging markets with cost competitive products.”
The new facility will be located in Tanauan City, Batangas and will manufacture single phase uninterruptable power supply (UPS) products for the global markets. Construction of the 29,000 square meter facility is expected to be completed in early 2015. This facility will create a significant number of new jobs in the local economy, with a projection of up to 1,500 employees being hired over the next four years.
“The increased UPS manufacturing capabilities in the Philippines will allow us to better serve our growing business in the IT and small and medium data center markets. Through an intensified focus on high-growth end markets, expanded presence and new partnerships, we are gearing up for accelerated growth in the Asia Pacific market,” Jurek said.
Eaton’s electrical business is a global leader with expertise in power distribution and circuit protection; backup power protection; control and automation; lighting and security; structural solutions and wiring devices; solutions for harsh and hazardous environments; and engineering services. Eaton is positioned through its global solutions to answer today’s most critical electrical power management challenges.
Eaton is a power management company with 2013 sales of $22.0 billion. Eaton provides energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton has approximately 102,000 employees and sells products to customers in more than 175 countries.
Source: http://www.eaton.com/