Lixil Group prepares for more investment in Binh Duong
Japan's Lixil Group wants to expand its American Standard sanitary
ware factory in the southern province of Binh Duong, Group
Chairman Toshimasa Iue said during a recent visit to the province to
seek investment opportunities.
Japan's Lixil Group wants to expand its American Standard sanitary
ware factory in the southern province of Binh Duong, Group
Chairman Toshimasa Iue said during a recent visit to the province to
seek investment opportunities.
Its original factory, with initial invested capital of 16.5 million USD, went into operation in 1997. The factory is capable of producing 400,000 units of products annually.
In 2011, American Standard decided to double its production capacity and now plans to increase productivity to meet rising consumer demand.
In November 2012, the group opened a 441-million-USD factory producing building materials in Long Duc Industrial Zone in the southern province of Dong Nai.
Lixil now has 11 factories in Vietnam and has committed to investing more in the country in the next decade.-VNA
Its original factory, with initial invested capital of 16.5 million USD, went into operation in 1997. The factory is capable of producing 400,000 units of products annually.
In 2011, American Standard decided to double its production capacity and now plans to increase productivity to meet rising consumer demand.
In November 2012, the group opened a 441-million-USD factory producing building materials in Long Duc Industrial Zone in the southern province of Dong Nai.
Lixil now has 11 factories in Vietnam and has committed to investing more in the country in the next decade.-VNA
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