The new 21.4-hectare manufacturing plant acquired from Ford will be operational starting January 29.
In a plan to strengthen its production and sales base in the ASEAN region, Mitsubishi will be increasing its sales on Thailand, Indonesia, Malaysia, Vietnam and the Philippines, the region's five major markets, from 270,000 vehicles in 2013 to 390,000 by 2016.
Here, Mitsubishi Motors Philippines Corp. (MMPC) will be inaugurating its new Sta. Rosa, Laguna plant that can produce 50,000 units per year, depending on the new models that will be assembled, and can be doubled to 100,000 units.
The 21.4-hectare facility was acquired in March 2014 by MMPC from Ford after the later shut down the plant due to restructuring of its regional manufacturing operations.
The plant will be formally inaugurated by the top executives of MMPC and President Benigno Aquino III, and it will start producing new cars on January 29, 2015.
MMPC's acquisition of the former Ford facility will further strengthen the company’s assembly operations, according to MMPC president and CEO Hikosaburo Shibata.
The plant will be using heavy stam
ping machines, advanced equipment and engineering facilities to support the ASEAN production objectives of Mitsubishi.
MMPC currently operates an 18-hectare plant in Cainta, Rizal, producing 30,000 units per year, with vehicles that include L300 vans, Adventure Asian utility vehicles and Lancer EX sedans.
Source: www.pinoyinspirations.com
