LARGEST TENNIS BALL FACTORY IN MINDANAO TO GENERATE THOUSAND JOB OPS

THE FIVE-HECTARE Austrian-American largest tennis ball manufacturing hub, Head Sports Philippines Inc., soon to rise in Anflo Industrial Estates in Panabo, aims to generate a thousand job opportunities in Davao del Norte.

During a business forum on July 19, Ricardo Lagdameo, Damosa Land Inc.’s president and industrial park developer, said 40% of the world’s demand for tennis balls will be supplied by the hub.

“They are finishing up their facility, which should be done in about 1-2 months, I think they’ll be producing by I hope this year or earlier part of next year,” Lagdameo said.

Lagdameo noted that once the hub is fully operational, Head Sports Philippines Inc. will be closing its factory in China.

“It’s a move from China to the Philippines. When we were able to work with the people of Head Sports, for this project, it was a really proud moment not just for us but also for the country because we need more investments like that. This will be generating at least a thousand jobs in Davao del Norte. You’ll be exporting all around the world coming out of Davao,” he said.

He added that this will also be a significant move for Mindanao to bring in more foreign investments.

“It’s very difficult to do but if we can get more of those, that’s what we are trying to do in Mindanao, bringing in more foreign investments,” he added.

He said Head Sports had long wanted to set up a facility particularly in Mindanao due to its proximity and abundance of rubber suppliers.

 

2024-10-02T08:54:06+00:00 July 22, 2024|