SoKor locator to infuse P50M inside Clark Freeport

• Source:http://www.sunstar.com.ph/pampanga/local-news/2016/02/04/sokor-locator-infuse-p50m-inside-clark-freeport-455504
• Thursday, February 4, 2016

(Sun.Star Pampanga)

CLARK FREEPORT -- A South Korean furniture manufacturer expanded its operations infusing an estimated P50 million within a year to a 9,314 square meters project here.

Clark Development Corporation (CDC) President and CEO lawyer Arthur Tugade and Punta Design Inc. (PDI) President and CEO Byung Mo Lee recently signed the Lease Agreement at the boardroom of the office of the president.

PDI is a registered sub-lessee locator in Clark Freeport Zone since 2014.

The company is engaged in the business of manufacturing and design of furniture and other related accessories.

Punta is an Italian word that means "best of the best" and "top of the world."

The target operations of the expansion project will be in September 2016 and expected to employ about 100 workers.

The company also envisions to revolutionize the industry of rattan by using new style machine tools and system for small scale furniture factory.

Lee said his aim is to accomplish his dreams and build a firm in Clark manufacturing furniture using rattan as its primary material.

"Furniture is an art and the person who has dreams would move forward, but the person who is already satisfied with his situation will stop," Lee said.

Punta Design Philippines is an overseas affiliated company of Punta Design USA.

Also present during LA signing are: CDC director Francisco Villanueva Jr.; Noel Manankil, VP for Admin and Finance; Evangeline Tejada, VP Business Development and Business Enhancement Group; Ricardo Banayat VP, Security Services; Alveen Tabag, VP Engineering; Su Jin Kim, VP PDI and other CDC and PDI officials.