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The company is a member of the Monark Group of Companies. Monark Equipment Corporation provides heavy equipment in the agricultural, manufacturing, industrial, construction, mining, quarrying, marine and power sectors. It has a network of branches all over the country in order to provide repair and maintenance services for its heavy equipment.
Armscor, whose manufacturing facility is located in Marikina, produces about 200,000 firearms and some 420 million rounds of ammunition a year, where 80 percent of this is exported and sold to over 60 countries. The company was known as the Arms Corporation of the Philippines (Armscor) until 2017. [1]
Location of the Philippines. The Philippines is a sovereign island country in Southeast Asia situated in the western Pacific Ocean. It is a founding member of the United Nations, World Trade Organization, Association of Southeast Asian Nations, the Asia-Pacific Economic Cooperation forum, and the East Asia Summit.
Sarao Motors was established in 1953 by Leonardo Sarao, a former kalesa driver turned mechanic, as a small automotive shop with an initial budget of ₱700 (equivalent to ₱91,211 in 2021). The company grew into a multimillion corporation that produced the majority of jeepneys in the Philippines.
The company moved its manufacturing site in 1995 from Cupang, Muntinlupa to its present location at the Laguna Technopark. In 1998, IMI commenced offering hardware and software design services, that transitions the company to a total electronics manufacturing service provider. By 2001, IMI had three manufacturing sites in the Philippines.
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However starting 1998, the company experienced a financial crisis, registering an average of millions of pesos in net loss for the next few years. Mariwasa stopped trading in the stock exchange in December 1999, decided to close its main tile manufacturing plant in 2001 in Rosario, Pasig , [ 7 ] and defaulted in 2003.
Defunct manufacturing companies of the Philippines (1 P) Drink companies of the Philippines (2 C, 18 P) E. Electronics companies of the Philippines (2 C, 1 P) F.