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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Schaeffler opens EUR 45M plant in Bien Hoa, Vietnam · Endata

◂ Announcements

May 11, 2019NEW FACILITYBien Hoa, Amata Industrial Park, Vietnam

Schaeffler opens EUR 45M plant in Bien Hoa, Vietnam

Schaeffler AG invested over EUR 45 million in a new production plant in Bien Hoa, Vietnam, producing industrial bearings and components. The plant replaces an old factory and aims to create 300 jobs by end of 2019.

Value

$50.0M (45.0M EUR)

Jobs

300

Starts operating

11 May 2019

Status

Completed

Productsindustrial bearingsradial insert bearingsneedle roller bearings

CompaniesSchaeffler

Sectors#Industrial Machinery #Automotive Components

“Vietnam was Schaeffler’s first manufacturing location in Southeast Asia more than eleven years ago”auto.economictimes.indiatimes.com

2 sources
auto.economictimes.indiatimes.comSchaeffler Vietnam: Schaeffler invests 45 mn euros for new manufacturing plant in Vietnam, ETAutoET AutoMay 11, 2019
bizhub.vietnamnews.vnSchaeffler opens $50 million plant in Viet Namvietnamnews.vnMay 12, 2019

Summarized from public sources; check the original articles before acting on it.

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