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PANASONIC TO EXPAND FACTORY IN VIETNAM

2017-11-30 11:12:21

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PANASONIC TO EXPAND FACTORY IN VIETNAM

 

 

Panasonic will expand the wiring devices and circuit breakers factory of Panasonic Eco Solutions Vietnam, located in Binh Duong province. An additional factory building will be constructed adjacent to the existing factory, according to the company.

The Vietnam plant launched full-scale production in November 2014 as a new manufacturing site for wiring devices and circuit breakers in Southeast Asia, following the ones in Thailand and Indonesia. The new factory will be built on a 3,000sqm area adjacent to the existing factory to substantially expand the production capacity of wiring devices and circuit breakers. Currently, the existing factory produces approximately 53 million wiring devices and about 13 million circuit breakers annually. With an additional factory, the plant aims to double its production capacity in FY2020. There are also plans to explore the purchase of an area of approximately 18,000sqm adjacent to the current factory premises to add to the factory in the future in order to address any further increase in demand.

With the current 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 markets and other Southeast Asian countries, said Panasonic.