TY - SER TI - Rotarian runs local Studebaker plant N2 - Fabar, Inc., which made the headlines sometime ago when it made public its proposed erection of an automobile assembly plant in Manila, finally opened its new building on Saturday, October 29. Highlight of the inauguration was the premiere showing of the 1950 Studebaker automobile. The assembly plant is a 100% Filipino concern mostly owned by the Barredo brothers, Manuel and Rotarian Joe. The firm will handle complete assembling of Studebaker automobiles and trucks. All parts, Joe claims, will be shipped from the States in the raw. Fabar, Inc. is partly owned (40%) and operated by the Philippine government through the National Development Company. The name of the firm is derived from the late Don Fausto Barredo, founder of the Malate Taxicab Co ER -