US firm’s $100-million bamboo facility in Cagayan de Oro now operational

US-based Rizome PH has launched a $100 million engineered bamboo manufacturing facility in Cagayan de Oro, aiming to boost local economies and sustainable construction.Rizome PH, an American company, has opened its $100-million engineered-bamboo manufacturing plant in Cagayan de Oro City, according to former Department