Enterprise
BDO Provides Financing to Concrete Stone Corporation for State-of-the-Art Precast Factory Expansion
BDO Unibank Inc. (BDO) has announced its continued commitment to support clients in meeting their capital and funding requirements to achieve their goals. The bank recognizes the pivotal role of banks in driving economic progress and is steadfast in its commitment to engage and lend to customers to fuel long-term development and business success while uplifting the lives of Filipinos.
Concrete Stone Corporation (CSC), a leading manufacturer and distributor of building materials, precast products, and construction aggregates, has recently expanded its operations with new technology. To accomplish this, the company sought the support of a valuable banking partner that shares its vision for growth and development.
CSC’s President, Noel Jesus Santiago, has praised BDO’s reliability, commitment, and quality products and services, which align with the company’s business values. BDO’s financing has helped CSC build a state-of-the-art precast factory and facility in Mariveles, Bataan. This facility utilizes precast concrete technology that results in reduced waste, less reliance on fuel-powered machinery, and minimal environmental impact.
The precast technology also ensures manufacturing with reduced dust emissions, noise, and other pollutants, making it an environmentally friendly alternative to traditional building methods. The durability and adaptability of precast concrete to extreme weather conditions make it disaster-resilient.
Concrete Stone Corporation has achieved several milestones in the construction industry and has successfully supplied various big-ticket projects, including the Cebu-Cordova Link Expressway. Despite the economic challenges facing the country, CSC continues to be at the forefront as the lead supplier of construction aggregates and materials in the Philippines. BDO is committed to supporting significant initiatives that create jobs, improve Filipinos’ quality of life, and drive economic growth through innovative technology.
BDO’s continued support for its clients is essential in propelling economic progress and helping businesses achieve their goals. With its commitment to excellence and high-quality products and services, BDO remains a valuable partner for businesses in the Philippines.