French multinational energy management and automation solutions provider, Schneider Electric, has announced plans to expand its logistics hub in the Philippines’ Cavite province. The estimated cost of the expansion project is PHP 86.3 million (USD 1.49 million). The investment confirms the company’s continued expansion in the Philippines in logistics services, manufacturing, and high-value services.
As part of its Net-Zero Roadmap 2030, Schneider Electric plans to invest in its sustainability efforts by converting 50% of inter-site trucks to electric vehicles and 20% of last-mile trucks to electric vehicles. Aside from its primary manufacturing operations, the company has recently expanded its Analytics for Schneider Electric Global Hub in Taguig City, which requires higher-value services and AI-assisted platforms and employs 80 Filipino data analysts.
In 1995, the Philippine office began by producing UPS (uninterruptible power supply), power surge, backup UPS, and smart UPS. It is one of the company’s four global hubs, providing technical, analytics, finance planning and accounting, and sales support to 154 countries and hosting 23 languages. In 2019, Schneider Electric’s manufacturing and logistics facility in the Philippines was converted into a smart factory catering to nine countries with an annual throughput value of EUR 1 billion.
(Source: Philippine News Agency)