Pangasinan 5th District Representative Ramon Guico III said the entry of the Sumi-North Philippines Wiring Corporation (SNPWC) will make the town “the epicenter of growth” in the province.
The company has announced that it will invest $40 million in the establishment of its automative wiring harness factory.
The factory will be built on a 25-hectare property in Barangay Linmansangan.
The Binalonan factory will be Sumi-North’s fourth one in the country.
“This would definitely create a huge impact and this will become the epicenter of growth, the impetus of progress in this part of the province,” Guico said.