Seiko Epson investing $28 M for new factory

MANILA, Philippines - Japan’s Seiko Epson Corp. is investing $28 million for the construction of a new factory to triple its production capacity of printheads for inkjet printers.

Epson Philippines said the new plant in Japan would commence construction next months and is expected to begin operations next year.

Epson Philippines said the new factory would manufacture and assemble inkjet printheads, the core devices used in Epson’s high-capacity ink tank printers and business inkjet printers.

“We make a significant contribution to the manufacturing capability of the entire Epson Group, sharing with Epson’s overseas manufacturing plants the technical expertise we have gained from manufacturing core devices. By using Epson’s original production equipment and automating and rationalizing production lines, the new plant will further raise our production capability,” said Takashi Mitsui, president of Akita Epson, a group company of Seiko Epson.

In the Philippines, Epson said its ink tank system printers are instrumental in propelling the digital imaging leader to a market leading position.

“Our ink tank printers provide the best value in the market — with a printing cost of only seven centavos per page, unmatched durability and reliability, and unequalled print quality, Epson is the undisputed brand of choice of Filipinos,” Epson Philippines product manager Russer Cabrera said.