Ortiz said that Vignet Corp. with initial investment of P300 million could be categorized as a pioneer industry with the introduction of unplasticised polyvinyl chloride (uPVC) which had been successfully used for producing windows and doors for over 40 years in England.
Ortiz stressed that he would make strong representations with the Philippine Economic Zone Authority (PEZA) and Subic Bay Metropolitan Authority (SBMA) for the tax-free status that was once given to the TLRC site which would improve the company’s competitiveness in the global market and open opportunities for expansion to Asian countries.
Vignet chairman Vig W. Boyd said the company has become the leading PVC window supplier in the Philippine market with 125 fabricators and has already developed healthy exports to Thailand, Malaysia and Indonesia.
Boyd explained to the TLRC director general that the present production of the company reaches $ l,200 per hour with 400 highly-skilled workers coming from Hermosa and its neighboring towns. The company has been operating for the last three years.
"The products we produce here are first class, second to none. The technology may be British, but the products are proudly made in the Philippines of Filipino crafmanship,"