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