Datian Subic Shoes, Inc., the manufacturer of popular shoe brands like Vans and Keds, has committed some USD6 million to expand its operations in this Freeport.
Subic Bay Metropolitan Authority (SBMA) chairman and administrator Wilma T. Eisma welcomed the development, noting that the company plans to hire an additional 1,500 employees.
“Although we have experienced a downturn in employment last year because of the layoffs at Hanjin shipyard, we believe that Subic can easily make a rebound because a lot of companies like Datian Subic have been expanding and hiring more skilled workers,” she said.
Eisma said that the company has leased a 29,400-square meter property to extend its existing 42,749-square meter facility at the Subic Bay Gateway Park (SBGP) Phase II.
“The company plans to use half of the USD6-milllion expansion investment to build another factory building in two years,” she said.
Datian Subic initially invested USD10 million in 2017 for its first manufacturing facility at the Gateway Park.
As of February, this year, the company already employs 3,698 workers.
Datian Subic Shoes, Inc. produces shoes under global brands like Keds, Converse, Sperry, and Vans for the American market, as well as Hugo Boss and Dr. Martens for the European market.
Its Subic factory integrates assembly lines for stitching, rubber compounding, outsoles molding, insoles and arches sponging, rubber gluing, as well as foxing operations.
Company officials said the existing factory produces an average of 350,000 pairs of shoes per month.
Eisma also said the SBMA expects more expansion projects among Subic business locators, following the current shift in production from China to other countries in Southeast Asia because of the ongoing trade war between China and the United States.
“The current tax incentives being offered by the SBMA to foreign manufacturing companies is another factor for this expansion surge,” she said.
Eisma pointed out that the expansion projects last year amounted to a whopping PHP25 billion in committed investments from existing business locators. (Malou Dungog, PNA)
PHOTO:
The manufacturing facility of Datian Subic Shoes, Inc., located at the Subic Gateway Park.
http://www.pna.gov.ph/articles/1065111
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