General Electric plans BPO, aircraft parts facilities in Phl
Posted on July 27th, 2012 under Technology Milestones
Diversified technology, services and financial firm GE (General Electric) is planning to set up business process outsourcing (BPO) as well as manufacturing operations for aircraft parts in the country.
The Department of Trade and Industry said the American conglomerate has expressed interest to start BPO operations here.
GE’s BPO operations will be focused on research and development (R&D) and after the firm starts its BPO operations on R&D in the country, it is also open to start assembly operations here, DTI said.
GE is also mulling over the set up of a machinery assembly facility for the production of jet engines (and) turbines.
Details on the amount of investments to be made were not immediately available.
DTI said the Philippines is being eyed by GE as a location for such operations given availability of local skills.
“Our mechanics, machinists and engineers are competitive,” DTI said.
The firm’s local unit, GE Philippines Inc. was incorporated in 1935 to engage in a broad range of manufacturing, trading and services businesses.
At present, GE’s businesses in the country include power generation, transmission and distribution through GE Energy Infrastructure, providing commercial aircraft engines and services through GE Aviation, providing appliances and lighting through GE Industrial Solutions and GE Home and Business Solutions, as well as providing diagnostic imaging equipment for patient care through GE Healthcare.