The brand HEAD is synonymous with tennis and soon, its world famous tennis balls will be manufactured in Misamis Oriental. This after HEAD International Holding GmbH, the leading global manufacturer and marketer of premium sports equipment and apparel, signed a Memorandum of Understanding (MOU) with a 25-year lease agreement for a 5-hectare site at Phividec Industrial Estate in Tagoloan.
According to a news report from Mindanao Daily News, construction of the the first phase will start in June 2019 and will be completed in 2020 employing between 100-200 workers. The company will be relocating its manufacturing plant in China to Misamis Oriental. The second phase will involve additional production equipment which could employ around 700 at full capacity. More details in the link below.