Company Profile for Ponderosa Leather Goods Co., Inc.
Brief historical background
Established in 1980, PONDEROSA LEATHER GOODS COMPANY, INC. is the first company in the country to manufacture baseball fielder's gloves for export. It has since spawned an industry that consists of some of the largest baseball glove factories in the world. To this day, the Philippines remain as a major baseball glove supplier to the North American market.
The company is a joint venture among local Filipino businessmen and foreign investors from the United States and Taiwan. As a BOI (Board of Investments) registered firm, the company enjoys incentives such as duty-free importation of raw materials through its customs bonded manufacturing warehouse facility. This enables it to compete head-on with manufacturers from other countries.
The company has gone through three expansion programs with the Board of Investments for its baseball glove operation.
In 1990, the company began manufacturing hockey gloves. Originally meant to fill empty capacity during the baseball slack season, the company has since expanded the business to cover the entire year. It has also expanded its hockey product line to include goalie gloves and lacrosse gloves. Currently, the factory has an annual capacity of 80,000 pairs.
In 2005, the company entered the Japan baseball glove market. It has steadily increased its business since then and today, the company is one of the largest baseball glove factories in the world with an annual capacity of one million pieces a year.