INDUSTRIAL logistics provider Halcyon Tool Services Inc. is investing P12 million to its facility at the Laguna Technopark-Special Economic Zone (LT-SEZ), the Philippine Economic Zone Authority (PEZA) said in a statement on Thursday.
Halcyon was registered as a new Ecozone Logistics Services Enterprise on Feb. 9 with an agreement signed by PEZA Director General Tereso Panga and Halcyon president Hamilcar Azarias, and witnessed by PEZA Deputy Director General for Operations Vivian Santos and Halcyon general manager Ronald Emmanuel Melad.
The company manufactures specialized PCD (Polycrystalline Diamond) and carbide cutting tools, jigs, fixtures, and machine parts for the automotive, aerospace, hard disk drive, and general engineering industries.
“PEZA is not only home to large multinational firms — we are equally committed to empowering micro, small, and medium enterprises. MSMEs like Halcyon play a critical role in strengthening supply chains, supporting exporters, and deepening industry linkages within our economic zones,” Panga said, noting that logistics and support enterprises are enablers of efficient trade, manufacturing, and export growth.
Data from the Department of Trade and Industry showed that of 1.24 million registered business establishments in the country in 2024, more than 99 percent were MSMEs. They accounted for 40 percent of gross domestic product and 63 percent of total employment.
In December 2025, PEZA clinched investments worth P260.89 billion, surpassing its P250-billion target.
This year, the agency is targeting P300 billion in new projects.
