Schneider Electric, a global leader in energy management and automation, is looking to scale up its logistics hub in Cavite, the Board of Investments (BOI) said yesterday.
The expansion project, estimated at 1.4 million euros, has been greenlighted by Schneider Electric’s top management.
The company has been operating in the Philippines for 26 years and currently employs 3,375 Filipino workers.
The company’s operations in the country cater to nine markets with an annual throughput value of 1 billion euros.
BOI representatives met last July with Schneider Electric officials at their Taguig office to discuss the expansion plan.
Part of the company’s sustainability journey in the Philippines is to reach 50 percent conversion of inter-site trucks to electric vehicles and 20 percent of last mile to utilize EV trucks as part of their Net-Zero Roadmap which it plans to achieve by 2030.
Schneider Electric earlier expanded its Analytics for Schneider Electric Global Hub in Taguig City, which requires higher value services and AI-assisted platforms. This project will employ 80 Filipino data analysts.
The Philippines is one of the four global hubs of the company, which provides technical, analytics, finance planning and accounting and sales support to 154 countries and hosts 23 languages.
The company, which was founded in France, started its venture in the Philippines in 1995 through manufacturing UPS, power surge, backup UPS, and smart UPS.
In 2019, the company converted its existing manufacturing factory in Rosario, Cavite into a smart factory. With the transition, the smart factory ensures operational excellence is attained with the help of the Ecostruxure Platform that optimizes end-to-end efficiency and promotes agile management to ensure effective asset management, data security monitoring and insights tracking.
Schneider Electric also established APC Philippines– their flagship brand. APC provides clean battery back-up power, surge protection, and IT physical infrastructure inside and outside the traditional IT environment. Its facility in Cavite Economic Zone produces UPS, power surge, backup UPS, and smart UPS
