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Olympus builds optical subsidiary in the Philippines

Posted: 28 Feb 2002 ?? ?Print Version ?Bookmark and Share

Keywords:olympus optical? olympus optical technology philippines? microscope?

Optical product supplier Olympus Optical Co. Ltd has established a wholly-owned subsidiary named Olympus Optical Technology Philippines Inc. The new company will start operations on April 1, 2002 and will be responsible for the production of microscopes. The subsidiary will be part of Olympus' global scientific equipment division.

Currently, Olympus' scientific equipment division entrusts the production of microscopes to its local partners, Ina Micro Opto Co. and Philippines Makoto Corp. Olympus' Ina Plant in Japan has overall responsibility for production management, purchasing, technology, quality assurance, and shipments. Olympus plans to gradually transfer these operations to its overseas partners, which will eventually handle everything from production to logistics under the supervision of the new company.

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