Connect with us

Hi, what are you looking for?


German firm expands with $16-M plant in PHL

GERMAN firm ZAMA Precision Industry Manufacturing Philippines, Inc. is expanding its manufacturing capabilities in the country through a new facility in Sto. Tomas, Batangas.

In a statement on Thursday, the German-Philippine Chamber of Commerce and Industry (GPCCI) said ZAMA Philippines, a unit of Germany’s ZAMA Group, broke ground for the $16-million facility on Jan. 17. ZAMA Group is a member of the business group.

“Through this new facility, we will be able to amplify our efforts in producing electromechanicals technologies, wire harness and textile materials, as well as explore other business ventures. This contributes more to the economy of the Philippines and also generates more employment,” ZAMA Philippines President Ronald Wienholts said in the statement. 

The new facility is located on an 11,000-square-meter property in Sto. Tomas, and is expected to begin operations by February 2024.

GPCCI Executive Director Christopher Zimmer described the e vent as an “important milestone” for the chamber.

“ZAMA has been a great example of how companies from Europe approach diversification of their business and to explore the China +1 strategy,” he said.

According to its website, ZAMA Philippines was established in 2014 and is located at the First Philippine Industrial Park in Batangas. It started operations in April 2016.

ZAMA Group is engaged in the production of diaphragm carburetors. It also supplies oil pumps, solenoid valves and other precision components. — Revin Mikhael D. Ochave

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



Notice of Annual Stockholders’ Meeting Please be notified that the Annual Meeting of Stockholders of Semirara Mining and Power Corporation (the “Corporation”) will be...


San Buena Farm is now able to communicate with its key accounts because of satellite broadband. In the Philippines, agricultural sector contributes 9.4% to...

Editor’s Pick

<?xml encoding=”utf-8″ ??> 2023 has been challenging for business so far, but a new poll of SMEs in England from the Join the Skills...


GENERAL view of a public market in Quezon City, Metro Manila, Philippines, Feb. 9, 2023. REUTERS/Eloisa Lopez THE WORLD BANK downgraded its growth forecast...


Sheets five-dollar bills are seen through a magnifying glass at the Bureau of Engraving and Printing in Washington March 26, 2015. —REUTERS/Gary Cameron/File Photo...


REUTERS HOUSING prices across the Philippines grew at a faster annual pace in the fourth quarter, driven by strong demand for duplex housing units and...

You May Also Like


COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...


REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...


BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...


KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.