US-based deluxe packaging manufacturer Knoll Packaging has announced plans to open a new factory in the Philippines in January 2023. The sustainable facility will span 8,000m2 and feature a full rooftop solar array, rainwater collection for reuse and a low carbon footprint.
The new site is located in a duty-free trade zone close to Manila Port that offers 0% VAT for imports and exports. Several multinational companies also operate facilities within the free zone, including Epson, Dyson and Honda.
In a press release chief executive officer Jeremy Cohen commented: “This project is a continuation of our regionalisation initiatives globally, it gives us opportunities for cost containment, and full control of employee engagement in Asia, which is high on our priority list and a core part of our DNA. With our automation and continued innovation this will establish our position for growth globally well into the future.”