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US-based
printing solutions giant Lexmark has reiterated its
long-term commitment to its operations in
Cebu City
with the construction of two buildings at the
Cebu Business
Park.
Lexmark
Research and Development Corp. chief executive officer
Stan Combs said they are laying the groundwork so their
Cebu facility can accommodate the entire development cycle of the
company’s printing line from conceptualization to
production.
“The
building serves as a long-term commitment in Cebu unlike
leasing spaces when you can just pack up and leave,”
Combs told reporters. “We can also design the building
according to our specifications, which is very important
to us… With these facilities we would be able to develop
a product in Cebu from start to finish.”
Lexmark
Plaza 2 is a seven-floor state-of-the-art laboratory
complex that houses Lexmark’s research and development
facilities, making one of the most advanced technology
centers in the world.
The
building also houses an electromagnetic chamber—the
first in the Philippines—which would measure
electromagnetic waves emitted by Lexmark printers and
make sure they abide by international standards.
Lexmark
Plaza 2 also houses an acoustics chamber, to test
printer noise levels, and a physical packaging room to
test Lexmark printers before they go to production and
delivery.
A
24-floor building besides the lab complex will house the
offices of Lexmark’s research teams and support staff.
It is set for completion by the end of 2007.
Lexmark
hardware development manager Chris Burdette said the
company’s long-term plan is for its base in
Lexington,
Kentucky
to focus on developing new technology and for its
Cebu unit to work on derivative technology—improving on existing
technology.
Burdette
said Lexmark prides itself in developing technology
which could produce a new product in response to market
needs faster than competition.
The
company decided to settle in
Cebu because of
the
Philippines’
strategic location in Asia, being at the center of major
markets like
China,
Korea, Taiwan and Japan. |