SUBIC BAY FREEPORT– Cresc Inc., a leading consumable printer manufacturer based in Japan, will establish its expansion plant here with a committed investment of $600,000 (P27.7 million).
The Subic Bay Metropolitan Authority (SBMA) board has approved the project, which will be engaged in re-manufacturing empty inkjet cartridges for computer printers, as well as in manufacturing do-it-yourself (DM) home refilling kits.
“What makes Cresc significant is the fact that 100 percent of their finished products are going to be exported to Japan for distribution,” SBMA administrator and chief executive officer Armand C. Arreza said.
DIY instant refilling is fast becoming popular among students, professionals and entrepreneurs worldwide who prefer cheaper but with quality equal to brand new cartridges for their computer printers.
“The do-it-yourself home refilling kits eliminates the burden of stopping in the middle of your print jobs just to have your empty cartridge refilled, which wastes much of the time that could have been used for more important matters,” Arreza said.
A DIY refilling kit can be stored until one needs it. One can do it anytime with ease and takes only a few seconds, as buying a brand new ink cartridge is expensive and that means throwing away empty ones.
According to Arreza, Cresc will be subleasing inside the Subic Bay Industrial Park (SBIP) and will open 152 job opportunities.
Cresc is the second company in the Subic Freeport in the refilling trade. Also operating in the Subic Bay Freeport is a German/American-owned company, Printing Images CtC Inc., an independent manufacturer of OEM compatible inks for inkjet printers and plotters and re-manufacturer of toner cartridges for laser printers.
Like Cresc, Printing Images provides major distributors, exporters, and other imaging manufacturers with bulk and packaged products such as remanufactured toner cartridges for use in Hewlett-Packard and related machines.