07/06/2012: Safety Science Company to Set up R&D Center in the Philippines
07 June 2012, Washington DC. Officials of Underwriters Laboratories (UL) led by its President and Chief Executive Officer, Mr. Keith Williams, informed President Benigno S. Aquino III of their intention to establish a research and development center in the Philippines. Executives of the Illinois-based company called on the President today at the Mandarin Oriental Hotel in Washington, D.C.
The UL investment involves the establishment of a global technology research center that will conduct global standards and industry regulatory research covering a wide range of consumer products.
CEO Keith Williams said he looks forward to growing the operations in the Philippines and increasing their investment. They will also be actively involved in safety training and education to help Philippine consumers.
President Aquino said he is quite keen to see this project come to fruition in the Philippines. He cited the importance of ensuring that products sold in the country are safe for consumers and are up to standard. He looked forward to UL contributing to this objective.
Secretary of Trade & Industry Gregory Domingo said that the Philippine government is hoping to get more investments in testing centers to bring down costs for exporters and manufacturers who otherwise would have to have the testing performed abroad.
Also present during the call were Secretary of Foreign Affairs Albert F. del Rosario, Philippine Ambassador to the United States Jose L. Cuisia, Jr. and other Cabinet members, namely Secretary of Transport & Communications Manuel Roxas, Secretary of Finance Cesar Purisima, Secretary of Tourism Ramon Jimenez, Secretary of Energy Jose Rene Almendras, and Communications Strategy Secretary Ramon Carandang.
Established in 1894, UL has over 115 years of experience in the safety science industry. At present, UL has 9,000 employees, 103 inspection centers and produces 23 billion products with UL marks annually. In Southeast Asia, UL has locations in Singapore, Indonesia, Thailand and Malaysia. (END)