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2016 NEWS »DMCI completes P900-million steel plant in Calaca, Batangas

DMCI completes P900-million steel plant in Calaca, Batangas

by James Loyola
April 4, 2016

D.M. Consunji, Inc. (DMCI), the construction arm of diversified engineering conglomerate DMCI Holdings Inc., has completed the construction of a P900-million state-of-the-art steel plant in Calaca, Batangas.

In a disclosure to the Philippine Stock Exchange, the firm said the facility is the newest high capacity steel fabrication plant in the country, using machine tool technology from Peddinghaus Corporation and Voortman Steel Machinery.

DMCI said both are globally acknowledged suppliers of innovative machine tool technology for structural steel and plate fabrication.

The last known high capacity steel fabrication plant in the Philippines was established in the 1980s.

“The idea to set up a steel fabrication facility came about in April 2013. We did market and business case studies for a couple of months before breaking ground in November, 2014,” said DMCI president Jorge A. Consunji.

He added that, “right now, we are completing the ancillary building structures while our fabrication operations are on-going.”

The DMCI steel plant has the capacity to fabricate heavy steel sections for power plants, infrastructure and steel vertical structures. It currently supplies the requirements of the DMCI group but plans are underway to secure sales contracts with other industrial and construction companies.

Since it began operations, the facility has generated employment for over 240 people, most of whom are from the Province of Batangas.


Read more at http://www.mb.com.ph/dmci-completes-p900-million-steel-plant-in-calaca-batangas/#s7e5e1w7KkiwLUJv.99

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