Epson expanding printer production with new plant in Philippines

Epson announces that they are investing 12.3 billion yen in manufacturing subsidiary Epson Precision (Philippines) Inc. to construct a new plant for increasing inkjet printer as well as the company’s acclaimed 3LCD projector production volumes. The state-of-the-art facilities will be constructed inside the existing site by the early part of 2017. Epson plans to install a mega solar power generation system with a capacity of approximately 3,000 kWh on the roof of the new plant. This system will reduce overall daytime electricity consumption at Epson Precision (Philippines) by half.

As it implements its mid-range business plan, Epson has determined that its current inkjet printer and projector manufacturing facilities in China, Indonesia and the Philippines are insufficient to meet expected demand. In inkjet printers, the company is forecasting the need to significantly boost production capacity for its core high-capacity ink tank models, which are currently experiencing rapid growth, and also for inkjet printers, which are beginning to make steady inroads into the market. Epson also sees the need to increase projector production as it expands its lineup.