# MXP launches construction of seventh factory in Thai Binh, Vietnam

MXP JSC has launched construction of its seventh factory in Thai Binh province, Vietnam, with a total investment of $16 million. The 80,000 m² facility will have a capacity of 2 million products per year and employ up to 3,500 people, with completion expected in Q1 2020.

- Type: New facility
- Announced: 2019-04-23
- Where: Quynh Xa commune, Quynh Phu district, Thai Binh, Vietnam
- Value: $16.0M
- Jobs: 3,500
- Starts operating: Q1 2020
- Status: under construction
- Capacity: 2 million products per year
- Products: sportswear, apparel
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [MXP JSC](https://endata.com/companies/38906.md)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/mxp-invests-seventh-factory-applying-new-automated-technology-for-its-global-development-strategy-300835598.html), 2019-04-23: "The construction of MXP7 in 2019 is a major turning point to ensure the annual export turnover of MXP in particular and the textiles market in general."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.