More job opportunities await Filipino jobseekers as Japanese firm Yokohama Tire Philippines Inc. (YTPI) is set to hire 3,000 workers as they expand operations in Clark, Pampanga.
Yokohama Tires President and chief executive officer Takayuki Hayama said they will prioritize the hiring of local residents and Filipinos in high level positions at the tire manufacturing firm
The tire company will expand starting this year. A memorandum of agreement was already signed between the YTPI officials and Clark Development Corporation
(CDC) in connection with the six-year expansion program worth $340 million.
The YTPI invested in the country in 1996 with just 2,000 employees and with their expansion the company increased their investment to $600 million and is expected to have 5,000 employees by year 2017.
CDC President and CEO Benigno Ricafort expressed elation over the YTPI’s expansion plans, saying it would give more benefits not only to the province but to the whole region as well.