IMI Manufactures KTM Bikes, Creates Jobs
Laguna, Philippines—(PHStocks)—Motorcycle production for Austrian motorcycle giant KTM AG is now in full swing at Integrated Micro-Electronics Inc. (PSE: IMI), Sta. Rosa, Laguna.
IMI’s state-of-the-art manufacturing facility for KTM Asia Motorcycle Manufacturing Inc. (KAMMI) was inaugurated on June 6 in the company’s complex at Laguna Technopark.
“We are rooted in nation-building and we are here for the long haul,” said Arthur Tan, group president and CEO of AC Industrials, and vice chairman and CEO of IMI, during the factory opening.
“Truly, the Philippines can be a hub not only in ASEAN but also for the world, that we can provide competitively, a complete product designed, built and manufactured here in the Philippines and be competitive on a global basis,” Tan also said at the press conference held during the inauguration.
“We are further expanding our capabilities as part of our thrust of fostering synergies with Ayala companies. Combining the competencies of our manufacturing and distribution arms allows us to scale our presence in this space, taking advantage of evolving movements in technology, automation, and industrial technology,” Tan added.
IMI is the core manufacturing business of AC Industrials that houses Ayala Corp.’s (PSE: AC) portfolio of investments in industrial technologies, as well as the conduit for the group to tap different markets and technologies globally.
About IMI
Integrated Micro- the manufacturing portfolio of AC Industrial Technology Holdings, Inc., a wholly-owned subsidiary of Ayala Corp. is among the leading global manufacturing solutions providers in the world. IMI ranks 20th in the list of top 30 EMS providers in the world by the Manufacturing Market Insider, based on 2016 revenues. In the automotive segment, it is the sixth largest EMS provider in the world per New Venture Research.
IMI specializes in highly reliable and quality electronics for long product life cycle segments such as automotive and industrial electronics.
For the automotive segment, IMI delivers customized solutions for safety and security, among others. It supplies cameras that are integral technology to the advanced driver assistance systems (ADAS). For the industrial segment, it manufactures security and access control devices, power modules, and building automation, among others. From its manufacturing plants in the United States, Mexico, Bulgaria, Czech Republic, Germany, China, United Kingdom and the Philippines, IMI provides engineering, manufacturing, and support and fulfillment capabilities to diverse industries globally. For more information, visit www.global-imi.com.