The Securities & Exchange Commission (SEC) approved the change of name of Makilala Rubber Corporation to MRC Allied Industries, Inc. on October 25, 1994.

Makrubber had to stop its operations in 2000 due to the Land Reform Program and the peace and order problems in North Cotabato.

Property Development The company has two land banks consisting of 160 hectare industrial estate in Naga City, Cebu known as the New Cebu Township One (NCTO) and 700 hectares of raw land in San Isidro Municipality, Leyte known as Amihan Woodlands Township (AWT).

Other major locators are Seagate Technology, Inc. of the United States, Air Liquide of France and AP Precisions Philippines, Inc. Further development is required to fully maximize the value of this 50-hectare property.

The open spaces and woodlands consist of the natural forest, mangrove swamps, beaches and marine preserves which will be protected sanctuaries and which will serve as the centerpoint of the property development.

It can accommodate locators and investors to establish resort facilities, hotels, and condominiums, and world class golf courses.

Area: 8,470 hectares Minerals: Copper, Gold Location: Paquibato, Davao Del Norte The MRC Davao Gold-Copper Project is located southeast of the Bukidnon-Davao porphyry copper-gold prospect of Indophil Resources NL within the Central Mindanao Cordillera region.

Location: Naga City, Cebu Capacity: 60MW The Bases Conversion and Development Authority (BCDA), Sunray Power, Inc. (SPI) and Menlo Renewable Energy Corp. recently launched a partnership that will develop a 100MW solar power plant inside the Clark Green City in Tarlac.