THE Department of Trade and Industry (DTI) said Chinese bearing manufacturer C&U Group expects to complete the second phase of its facility in Batangas by year’s end.
Once operational, the company’s total investment in its Sto. Tomas, Batangas plant will rise to $132 million, the DTI said in a statement on Thursday.
C&U’s phase two expansion is located within the Light Industry & Science Park III.
The company has also started developing a site to be known as Alitagtag Industrial Park, which will serve as its international production base for bearings and components.
The $87-million project, which is being developed through an investment by Evergreen Light Singapore, Inc., is due for completion within five years.
The C&U Group is a global bearing manufacturer with operations in the Philippines, Germany, the US, and Japan. It also operates eight production sites in China.
The company supplies the automotive, robotics, energy, rail transport, and industrial equipment industries.
“C&U Group’s continued expansion is expected to reinforce the Philippines’ position as a competitive regional manufacturing hub while anchoring high-value industrial supply chains,” the DTI said. — Beatriz Marie D. Cruz


