1996
• Agreement to enter into a joint venture between First Philippine Holdings Corporation and Sumitomo Corporation of Japan is signed on November 4.
• Then FPIP president Renato S. Diaz succumbs to a heart attack while playing tennis. 1997
• Hector Y. Dimacali is assigned as president.
• Groundbreaking ceremony on April 16.

1998
• SB Flex is the first locator, while Fujitsu Philippines becomes the biggest locator with 20 hectares.

2000
• FPIP Property Developers and Management Corporation is incorporated on May 30 to build and manage FPIP’s ready-built factories and other facilities.
• FPIP Utilities Inc. is incorporated on June 6; it distributes domestic and industrial water and provides wastewater treatment services.
• The first RBFs totaling seven units are completed on June 30.
• ISO 9002:1994 certification on November 29.
• Chairman’s Award for Excellence for completing with distinction the 2000 Environment, Safety and Health (ESH) Management Assessment and Rating System (MARS) 2.

2001
• Philip Morris becomes the biggest locator with 25 hectares.
• Chairman’s Award for Excellence for completing with distinction the 2001 ESH MARS 3.

2002
• Chairman’s Award for Excellence completing the 2002 ESH MARS 3-B. 2003
• Chairman’s Award for Excellence for completing with distinction the 2003 ESH MARS 3-C.
• Integrated management system certification for ISO standards on quality (900:2000), environment (14001:2006) and occupational safety and health (18001:1999).

2004
• Honda Philippines Inc. becomes a locator, with 20 hectares.
• Philippine Export Zone Authority (PEZA) Hall of Fame Award for Outstanding Community Projects.
• Founder’s Award MARS.

2005
• Lopez Achievement Award for the FPIP community relations team.
• Chairman’s Award for Excellence for undergoing the Baldrige-based Business Assessment and Rating System.

2006
• SunPower Philippines Manufacturing Ltd. becomes a locator. 2009
• Highest ever revenues and net income in FPIP history.
• PEZA Hall of Fame Award for Environment Performance on April 29.
• Investors in People certification in December.

2010
• Nestlé Philippines becomes the biggest ever locator with 27 hectares.
• Full redemption of preferred shares on June 8.