Taiwanese company Tong Lung (Phils.) Metal Industry Co. Ltd., a designer and maker of doorknob and lock sets, recently unveiled its new $5-million zinc-die casting and plating facility, targeting the production and export of one million lock sets a month.
Tong Lung Chairman Tony Ho said that despite the global economic recession, the company looks forward to making its offshore facility in Subic its the second primary base in Asia.
Tong Lung, which was founded in Taiwan in 1954, exports its products to various markets in Asia, America, Europe and Africa. Both its Taiwan factory and Subic unit undertake production using computer-aided design and automated precision machinery.
"Although the global economy seems to be in an economic recession period, I am happy to announce the expansion of our facility," Ho said during the inauguration of the new Tong Lung plant at the Subic Bay Gateway Park.
"We now have a thousand suppliers and sub-contractors, and I hope to see that the Subic plant will become the second base for hardware production for Tong Lung Co. in Asia," he added.