The expanded factory will be built near the existing factory to enhance its responsiveness to the increase in demand for wiring devices and circuit breakers in Vietnam in recent years.
The new factory will be built on a 3,000 square metres.
The existing factory produces about 53 million wiring devices and 13 million circuit breakers annually.
With an additional factory, the plant aims to double its production capacity by fiscal year 2020.
The company stated there were also plans to explore the purchase of 18,000 square metres adjacent to the current factory premises to expand in the future to address further increases in demand.
With the addition of a factory and a further expansion plan, the plant aims to supply wiring devices and circuit breakers produced in the Vietnamese plant to local market and other Southeast Asian countries.
Published : March 02, 2017
By : Viet Nam News Asia News Network