Schaeffler invests 45 million Euros in new Vietnam plant

[Viet]

https://www.autocarpro.in/news-inte...s-45-million-euros-in-new-vietnam-plant-42979

Schaeffler has opened a new plant in Vietnam


Schaeffler, the automotive and industrial supplier, invested over 45 million euros in the construction of the new production plant in Vietnam. The company will create around 300 new jobs here by the end of the year. High-ranking representatives from politics and business as well as customers and partners participated in the ceremony to mark the plant’s inauguration.

Georg F. W. Schaeffler, shareholder and chairman of the supervisory board of Schaeffler, said in his opening speech: “Vietnam was Schaeffler’s first manufacturing location in Southeast Asia more than eleven years ago. There are many reasons for our continued commitment in Vietnam. Its favourable strategic location in Asia, well-diversified, stable, and fast-growing economy, and its young, well-educated, and ambitious population are just a few examples.”

The opening ceremony for the new Schaeffler plant in Vietnam. The guests in attendance included (from left) Seunghun Park, plant manager, Klaus Müller, COO Asia/Pacific, Andreas Schick, Chief Operating Officer of Schaeffler AG, Andreas Siegel, German Consulate General in Vietnam, Georg F. W. Schaeffler, Chairman of the Supervisory Board of Schaeffler AG, Dinh Quoc Thai, Chairman of the People’s Committee of the Dong Nai province, Helmut Bode, Regional CEO Asia/Pacific, Dr. Stefan Spindler, CEO Industrial of Schaeffler AG, and Martin Schreiber, President Industrial Asia/Pacific

Upgrading for new product lines
“The expansion of local manufacturing capacities demonstrates our confidence in Vietnam as an ideal production hub in the Asia Pacific region to supply regional and global customers with best-in-class bearing products and systems. This new plant will become one of the best-performing and most modern production facilities in our global network”, said Andreas Schick, chief operating officer of Schaeffler.

The new plant is located in the Amata industrial park in Bien Hoa, about 50 kilometers from Ho Chi Minh City, in the south of the country and will replace the old factory. Industrial bearings and components for a wide range of applications will be produced there. Schaeffler is increasing its capacities for its existing product portfolio and is developing new product lines, including radial insert bearings and needle roller bearings.

Making Asia a reliable production hub
The new plant in Vietnam has been developed based on a modular concept and further expansions are planned over the next few years. The plant currently covers an area of around 25,000 square meters. “In addition to our production facilities in Korea, we opened a new plant for automotive products in Thailand in 2016 and today we are proud to celebrate the opening of this state-of-the-art facility for products from our Industrial division in Vietnam,” said Dr Stefan Spindler, CEO Industrial at Schaeffler. Products manufactured in Vietnam will be supplied to customers across various industrial sectors including agriculture, construction and mining, power transmission, food processing, textile, paper, steel, cement and motorcycles.

 

[Viet]

At the same time, Schäffler plans to shut down 2 British plants. More German companies in automotive sector is very much welcome!

 

[Viva_Viet]

At the same time, Schäffler plans to shut down 2 British plants. More German companies in automotive sector is very much welcome!

Did they shut down any plants in CN yet ??

 

[Viet]

Did they shut down any plants in CN yet ??

No only of the British, citing slowdown of demand in Europe and China automotive markets

Vietnam car ownership is still too low hence more room to grow. A weaker demand is not expected.

 

[ohmrlobalobayeh]

No only of the British, citing slowdown of demand in Europe and China automotive markets

Vietnam car ownership is still too low hence more room to grow. A weaker demand is not expected.

Vietnamrse don't drive cars- their preferred node of travel is:

 

[Suika]

Vietnamrse don't drive cars- their preferred node of travel is:

Reported

 

[Viet]

Reported

No problem. Chinese called ancient Vietnam as the country of barefoot people - les giao chi. Ha ha...that is over 2,000 years ago, at that time, almost people in the world ran barefoot, we were not the only ones without shoes. cars were certainly not invented.

 

[ohmrlobalobayeh]

No problem. Chinese called ancient Vietnam as the country of barefoot people - les giao chi. Ha ha...that is over 2,000 years ago, at that time, almost people in the world ran barefoot, we were not the only ones without shoes. cars were certainly not invented.

Ya- and we are talking about the Han chinese who wore shoes(romans were wearing sandals in the west) encountering the barefooted austroasiatic natives, not to mention an entire region that is northern Vietnam came to be named after their barefootedness

 

[Viet]

Ya- and we are talking about the Han chinese who wore shoes(romans were wearing sandals in the west) encountering the barefooted austroasiatic natives, not to mention an entire region that is northern Vietnam came to be named after their barefootedness

But that’s long ago. Singapore was a paradise for mosquitoes too. Now time has changed: we carry shoes, make cars.

Phía sau vô-lăng là cụm đồng hồ tốc độ với hai màn hình tròn và một kiểu lục giác ở giữa. Tấm ốp kim loại trên vô-lăng khá giống phong cách các mẫu xe BMW.