EPSON Corporation announces that its manufacturing subsidiary EPSON Precision (Philippines) Inc has completed construction of a new plant aimed at boosting volume of production of inkjet printers. The company is also seeking to expand 3LCD projector production within its existing facility. EPSON has invested US$143 million to construct state-of-the-art facilities inside the grounds of the existing plant. The new facilities have been constructed with the environment in mind, and include on the roof a mega solar power generation system with a maximum capacity of approximately 3,000 kWh.
As it proceeds with its mid-range business plan, EPSON has determined that its current inkjet printer and projector manufacturing facilities in China, Indonesia and the Philippines were insufficient to meet expected demand. In 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 linehead inkjet multifunction printers, which are steadily gaining in popularity in markets worldwide.
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