UPS rules out exit from Clark even as it plans China move
UPS has signed an agreement with the Chinese government on the establishment of an international air hub at the Pudong International Airport in 2007.
A ranking UPS official, however, said the company will not abandon its operations in Clark, Pampanga in favor of China.
“Clark is very important for us. We will continue to do business there. Our intra-Asia hub there is seen to complement the planned international hub in China,” UPS Chief Operating Officer John Beystehner said on the sidelines of a technology summit here.
He said the location of UPS’ hub in Pampanga, which opened in 2002, allows the company to connect to major business centers in the region within a four-hour flight.
However, the planned global facility in China will handle international operations and take advantage of the fast-growing Chinese market.
Read More
