# Panasonic Life Solutions Vietnam breaks ground on second Binh Duong factory

Panasonic Life Solutions Vietnam began construction of its second factory in Binh Duong, Vietnam, with over $45 million investment, to make ceiling and ventilation fans and start operations in January 2021.

- Type: New facility
- Announced: 2019-10-10
- Where: Binh Duong, Vietnam
- Value: $45.0M
- Status: under construction
- Capacity: 24,000 m2 factory floor area on 50,000 m2 land
- Products: ceiling fans, ventilation fans, indoor air quality solutions, electrical wiring devices
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Panasonic Life Solutions Vietnam](https://endata.com/companies/5653.md)
- [Nanoco Phuoc Thanh](https://endata.com/companies/5654.md) (partner)

## Sources

- [panasonic.com](https://www.panasonic.com/vn/corporate/news/articles/20191010-panasonic-life-solutions-vietnams-groundbreaking-ceremony-of-the-second-factory-in-vietnam.html), 2019-10-10: "Vì vậy, tập đoàn sẽ đầu tư hơn 45 triệu đô-la Mỹ cho nhà máy Panasonic Life Solutions Việt Nam thứ hai này."

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