Philippine Belt Manufacturing Corporation (Phil belt) was established in 1971 to provide locally-manufactured rubber beltings. It was the first industrial belting company in the Philippines and is now considered as one of the largest producers of rubber belts in Southeast Asia.
Phil belt manufactures V-belts, fan belts, flat transmission belts and conveyor belts using Japanese Technology. It forged a licensing agreement with Bando Chemical Industries, Ltd. of Japan for the manufacture of V-belts and conveyor belts. As a result of this partnership, technology and facilities were upgraded. All Philbelt staff and employees were instilled with the awareness of quality and service to meet its clients' standard of excellence.