Opening ceremony at the new Epson inkjet-printer manufacturing site in the Philippines.

 Seiko Epson of Tokyo, Japan, today announced that Epson Precision (Philippines), a manufacturing subsidiary of Seiko Epson Corporation, held a ceremony on August 25th to celebrate the opening of a new manufacturing facility for inkjet-printer production. The ceremony was attended by officials in the Philippines government, including the Philippine Economic Zone Authority (PEZA), and Epson business partners.

Epson Precision (Philippines) 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. Meanwhile, an existing plant on the site began production on an additional projector production line at the end of July.

Back in July, Epson said  it’s “determined that its current inkjet printer and projector manufacturing facilities in China, Indonesia, and the Philippines were insufficient to meet expected demand. For inkjet printers, the company forecasts the need to” significantly boost production capacity” for its high-capacity ink tank models, which are currently experiencing rapid growth in emerging and other markets, and also for office inkjets including high-speed line-head inkjet multifunction printers, which are steadily gaining in popularity in markets worldwide.”

“We are proud to host in the PEZA zone one of the world’s most-trusted and pioneering manufacturers of office machines including printers and projectors. Epson Precision (Philippines) has vastly contributed to the growth of the economy of this country. The new facility is a testament to Epson’s commitment to continually providing high-quality products and maintaining its leadership in the international electronics industry,” said PEZA Director General Charito Booc Plaza, who attended the ceremony.

Epson President Minoru Usui said, “Epson Precision (Philippines) will play a critical role in Epson’s medium- and long-range business strategy. 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 says it uses a vertically integrated business model involving the manufacturing, sales, service, and support of products built from the ground up using original inkjet, 3LCD, and other technologies.

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