Yokohama's Philippine plant

Mon, 10 Jun 1996 | Source: REUTERS

MANILA (Reuter): Yokohama Rubber Co Ltd of Japan is set to build a manufacturing plant inside a freeport in the Philippines, freeport administrator Clark Development Corp said on Saturday.

The proposed plant is estimated to cost 2.3 billion pesos and would produce 5,000 tires a day.

The groundbreaking of the 15-hectare plant is scheduled on June 15.

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