Global clutch manufacturer Ogura Clutch Philippines Inc. relocated its operations to LIMA Estate, an 826-hectare industrial park in Lipa and Malvar, Batangas owned by Aboitiz InfraCapital (AIC) Economic Estates.
The company invested P710 million in its new 16,144-square-meter facility within the estate’s 200-hectare industrial expansion zone.
“We strategically chose to relocate our operations to LIMA Estate due to its comprehensive infrastructure development solutions. The distinctive support provided by AIC for Japanese manufacturing companies, notably demonstrated through organizations like the Japanese Locator Association, distinguishes the estate from other industrial parks,” said Ogura Clutch Philippines president Toshio Takahashi.
He said the relocation provided the company with renewed confidence to continue its manufacturing operations in the Philippines.
The facility will serve both distribution and manufacturing functions, catering to renowned automobile brands like Toyota, Mercedes-Benz and Ford.
Founded in Japan in 1938, Ogura is the world’s largest producer of electromagnetic clutches and brakes.
The relocation is expected to yield substantial economic benefits by creating approximately 1,500 job opportunities for residents of Lipa and Malvar, Batangas.
Their new facility in LIMA Estate will enable increased efficiency in distribution and manufacturing functions, enhancing Ogura’s position as the leading clutch manufacturer in the world.
“Here at LIMA Estate, we are eager to collaborate closely with our partners to foster an environment where both businesses and local residents can thrive,” said LIMA Land vice president Clifford Academia.
As the infrastructure arm of the Aboitiz Group, Aboitiz InfraCapital plays a pivotal role in bolstering the Philippines’ stature as a preferred investment destination for Japanese companies.
AIC generates significant economic opportunities in the country by spearheading the development of smart and sustainable economic estates, aligning with their commitment to fostering long-term growth and collaboration.