A five-year strategic plan for Thermozone Philippines Corporation / Almendras, Shane Angelo B., Amorin. Ma. Rona B., Balitaan, Crizalyn A., Briones, Charlice L., Dulce, Irish P., Fuentes, Erika Mae M., Lagus, Mark Christian R., Manto, Maureen Edith R., Marquez, Bernadette B., Ocampo, Trisha May V., Ong, Jericho B. 6

Financial Plan: (BSBA major in Financial Management) - Pamantasan ng Lungsod ng Maynila, 2023. 56

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Introduction COMPANY INFORMATION Thermozone Philippines Corporation, formerly known as Thermobreak Philippines Corporation (TPC) was incorporated on April 22, 2002. Thermozone Philippines Corporation is a building and insulation materials supplier. They manufacture die-cut insulation foam for commercial air conditioning. They also expanded their range of products and services to include the development of parks and the provision of packaging solutions for electronics, automotive, and manufacturing firms. COMPANY'S BACKGROUND In its formative years, Thermozone started out as a contract manufacturer that specialized in insulating foam for businesses that provides commercial air conditioning. The company obtained licenses in 2004 to distribute and provide servicing for well-known brands of air conditioners, such as Carrier, Samsung, Mitsubishi, Daikin, and Panasonic. Seeing that the sector was evolving, particularly with regard to the importation of parts (including foams), Thermozone expanded its business into distribution of electro-mechanical parts in 2005. In order to better serve the varied needs of its clients, Thermozone changed its SEC registration in 2007 and changed its name to Thermozone Philippines Corporation in response to the market's changing expectations. For the company to increase its involvement in government projects, the company registered with the Philippine Government Electronic Procurement System (PhilGEPS) in the same year. Thermozone made a big move into renewable energy and energy-saving technologies in 2008. With an emphasis on solar power solutions, the company expanded into the design and implementation of renewable energy systems. Additionally, Thermozone successfully constructed solar power systems, promoting sustainable energy practices, in isolated locations inaccessible to standard power lines. In 2010, Thermozone broadened its business to encompass security system installation, with a focus on access control and Closed-Circuit Television (CCTV) solutions, in response to the growing security concerns in both private and public organizations. With this action, the business established itself as a major force in improving security protocols for public buildings and educational establishments. By entering a collaboration arrangement with IDTECK Philippines, Inc. in 2011, Thermozone demonstrated its dedication in providing all-encompassing security solutions. Through this strategic partnership, the company solidified its position as a dependable and creative partner in the security technology space and enhanced its ability to supply Total Security Systems. Thermozone Philippines Corporation and a Chinese counterpart formed a strategic cooperation in 2011 and started producing FORTHRESS BOARD, a ground- breaking precast lightweight concrete panel. With this project, the Philippines construction industry sought to address the growing need for creative and effective building of Dinosaurs Island, the first animatronics theme park in Clark, Pampanga. This innovative project demonstrated the company's adaptability in both building and entertainment endeavors. By opening the FORTHRESS BOARD lightweight precast facility in Laguna in 2014, Thermozone demonstrated its dedication to environmentally friendly and productive building methods. Additionally, the business filed for a patent on the production of this unique, lightweight precast panel. Thermozone increased its position in the entertainment sector in 2015 when it constructed Dinosaurs Island and Holyland, a second theme park close to Baguio City in Tuba Benguet. This illustrated the business's capacity to diversify its holdings and support the expanding travel and leisure industry even more. In 2017, Thermozone entered the printed circuit board (PCB) design business for the semiconductor sector, thereby broadening its technological capabilities. The organization demonstrated its flexibility and proficiency in cutting edge technology solutions by taking on reverse engineering tasks for old PCBs. Furthermore, by founding the Thermozone Technology Group in 2019, Thermozone made a calculated move into the information technology industry. This new endeavor demonstrated the company's dedication to remain at the forefront of technical changes by offering cutting-edge IT solutions and consulting services to enterprises, organizations, and government agencies. Right now, Thermozone Philippines Corporation faces a significant profitability problem stemming from various operational challenges. To address these issues, Thermozone must undertake comprehensive efforts and strategies to enhance its competitive edge and increase its profitability in the long term.

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