Gentherm opens new manufacturing facility in Vietnam
VOV.VN - Gentherm, the global market leader and a developer of innovative thermal management technologies, announced on March 10 that it has expanded its production capacity in the fast growing Asia market of Vietnam.
The new manufacturing facility is located close to the capital city of Hanoi in the northern part of the country.
The new facility is approximately 20,500 square metres in size and is dedicated to the production of the full line of Gentherm seat comfort and industrial products. It is expected to provide jobs for up to 1,500 people.
 |
"Asia is the fastest growing region of the world, not only in the automotive market, but across all markets," Coker said.
"We already have an industry-leading presence in the Chinese, Korean and Japanese markets and our new footprint in Southeast Asia will serve to extend our presence across the rest of Asia.”
“We believe Vietnam provides us with a competitive labour force and workplace environment to further pursue our ambitious growth plans in Asia, and elsewhere in the world."
