Automotive parts manufacturer Toyota Autoparts Philippines, Inc. (TAP) celebrated its 20th production anniversary in rites held in its manufacturing facility in Santa Rosa City, Laguna.
Former President Fidel V. Ramos and Japanese ambassador to the Philippines Toshinao Urabe led the roster of distinguished guests that graced the celebration, along with Keynote Speaker PEZA director general Lilia de Lima.
Toyota Motor Corporation (TMC) honorary chairman Dr. Shoichiro Toyoda was present in the event with other Toyota Group officials, including Toyota Motor Asia Pacific (TMAP) chief regional officer Takahiro Iwase, Toyota Motor Philippines Corporation (TMP) chairman Dr. George S.K. Ty, and TMP president Michinobu Sugata.
Located inside the Toyota special economic zone in Santa Rosa, Laguna, TAP currently produces the G-type and R-type Manual Transmission and the constant velocity joint that are used in several of Toyota's vehicle line-up. Currently TAP exports 95% of its annual output to assembly factories in eleven countries and has invested over PhP 20 Billion in the Philippines and created more than 40 thousand jobs.
“This venture started in 1990 with the partnership of Toyota Motor Corporation Japan and Toyota Motor Philippines,” said TAP president Shinji Mizoe. “And today, we commemorate the 20th production anniversary of TAP as one of Toyota’s world-class unit plants manufacturing G-Type and R-Type transmission units and constant velocity joints (CVJs) for both local and export customers.”
According to Iwase TAP has produced over 626 thousand R-Type and 3.3 million G-Type transmission units, and 2.5 million CVJ units is considered as an integral part of Toyota's strategy for the ASEAN region.
TAP is set to bolster its corporate social responsibility efforts in 2015 and will be embarking on a new project that would increase the local procurement ratio from the current 40 percent to over 80 percent.