Texas Instruments Philippines, the biggest semiconductor and electronics manufacturer in the country, is planning to invest $10 million to expand its distribution center at its facility in Clark Freeport Zone.
This was announced by Mohammad Yunus, president and managing director of TI Philippines, during the groundbreaking ceremonies last Thursday of the expansion of its product-distribution center in Clark.
“The groundbreaking of the new facility is a celebration of what government agencies and industry can achieve together, not only for the success of the corporate enterprise but also for the success of the country,” Yunus said.
Yunus said last quarter, TI shipped 1.5 billion semiconductor units, and this quarter, TI would ship about two billion semiconductor units.
“Our current product distribution center is overflowing. We do not have enough space to do an efficient job in distributing,” he said.
The new product distribution center is designed to be a state of the art storage retrieval system with high levels of automation, and to have the highest level of workplace ergonomics, Yunus said.
“We are currently looking at two billion units, which could be a new record for any Texas Instruments sites anywhere in the world,” Yunus said.
TI already has an investment of $1 billion for its manufacturing facilities in Clark.
During the groundbreaking ceremonies, Philippine Economic Zone Authority director general Lilia De Lima cited Clark Development Corp. (CDC) president Arthur Tugade for making Clark Freeport Zone one of the country’s strong investment and promotions destinations.
“I’ve been in this job for more than 20 years as PEZA director general and I’ve seen presidents of CDC come and go, but the current one is the best,” she said.
As of June this year, the actual employment in Clark Freeport Zone was recorded at close to 80,000 in 781 registered enterprises, including some government agencies.