Japanese aerospace supplier ramps up Clark investment
The local subsidiary of Japanese aircraft interior parts manufacturer Jamco Corp. has committed to invest ₱600 million as part of its expansion plans in Clark Aviation Capital (CAC), which is emerging as a major hub for aerospace investments.
State-run Clark International Airport Corp. (CIAC) said in a statement on Tuesday, June 23, that it had signed a lease agreement with Jamco Philippines Inc. (JPI) for its expanded manufacturing facility.
As part of the agreement, JPI will invest at least ₱600 million within the first three years, including in its new facility, which is set to begin operations by 2028.
The expansion will support the company’s transition from partial assembly operations to complete and final assembly, enabling its Clark operations to better serve the needs of its global clients.
JPI, established in 2011, develops aircraft parts and equipment that support the global supply chains of the world’s largest aircraft manufacturers, such as Airbus and Boeing.
In particular, the company’s finished products will be shipped directly to Airbus’ operations in Toulouse, France, as well as Boeing’s facilities in South Carolina and Seattle, Washington in the United States (US).
CIAC President and Chief Executive Officer (CEO) Joseph Alcazar said bringing new investments to Clark further strengthens the local talent base needed to support the country’s growing aerospace manufacturing industry.
Through its planned expansion, JPI will increase its workforce from approximately 450 employees to as many as 1,400 personnel.
“This sends a strong message to the global investment community that Clark continues to offer the infrastructure, talent, business environment, and long-term vision required by high-value industries,” Alcazar said.
“This is more than an expansion of capacity, it is an elevation of capability,” he added.
With JPI’s investment now on board, Alcazar said this further advances CIAC’s vision of positioning CAC as a premier aviation and aerospace hub.
CAC is the government-owned land surrounding Clark International Airport, which has been attracting new companies that manufacture critical aircraft components.
Earlier, CIAC announced that it had signed a 25-year lease agreement with Heatcon Asia Inc., a key supplier to aerospace giant Boeing.
Heatcon is planning to build a manufacturing, material distribution, and in-shop composite repair facility within CAC.