ICTC USA has opened a Philippine manufacturing facility. In a continuing effort to expand our global presence, ICTC launched its newest manufacturing operations in Laguna Techno Park, Philippines known as ICTCPI this past January.
In only six months ICTCPI has already proven to be an outstanding addition of quality manufacturing, efficient production, and on-time delivery performance. In our first phase of production, the ICTCPI team has built over 45 different assemblies for multiple customers with ZERO defects.
In fact, due to the rapid development of our production in Laguna, it has already forced the company to begin an expansion to triple our workforce and production area. The expanded facility will be ready by October 15, and ICTC will continue to invest in all new equipment, hiring only top talent, and providing in depth training for key Philippine personnel at our US Headquarters.
Meanwhile, we have still continued to grow our production in the US by focusing on higher revenue military cable and box build manufacturing. This is a perfect example of how global manufacturing increases opportunities and revenue domestically. We are proud to be offering our long-term US employees growth opportunity by handling more complex assemblies, as this is a cornerstone to our hybrid-manufacturing concept.
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