By EJ Dominic Fernandez
Businessman Jonathan Suy saw the need for newspapers in banana plantations, so he sold old newspapers to banana companies during his college years. Now, Jonathan O. Suy is the winner of the Entrepreneur of the Year Philippines 2012 for Small Business Category for his Jomaray Pulp Packaging Company.
In college, he observed that the banana business needed newspapers for wrapping the fruits. So did the pineapple business.
“From that point I saw the demand for packaging in the pineapple industry, that is when I started doing my packaging business,” he said.
His main company, Jomaray Pulp Packaging Industries, manufactures environment friendly packaging materials for agricultural and food products, and for industrial accessories, out of recycled paper, by using pulp molding machines from Emery, Canada.
When he was working in his family’s egg farm, he also saw a good opportunity for making egg trays out of recycled newspapers.
He started out with a P500,000 capital in 1995 when he was still a college student. Today, his assets are worth P100 million from the five different companies that he owns.
“We started out from scratch, and we developed our own machines,” he said.
Now, his businesses include agriculture, poultry, and iceplants, with 600 employees.
He also cited the valuable contribution of employees in his winning the award, saying, “without our employees, we could not have operated the plant.
He is grateful to his employees, especially those in the technical field, which is why he keeps encouraging them.
The award-giving body of the Entrepreneur of the Year Philippines is SGV&Co Ernst & Young.
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