# TTI to invest $650 million in cordless power equipment plant in Vietnam

Techtronic Industries (TTI) will invest $650 million in a new cordless power equipment plant in Ho Chi Minh City's Saigon High-Tech Park, with an initial registered capital of $180 million.

- Type: New facility
- Announced: 2020-01-08
- Where: Ho Chi Minh City Saigon High-tech Park, Vietnam
- Value: $650.0M
- Status: announced
- Products: cordless power tools, outdoor power equipment, Lithium-Ion batteries
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Techtronic Industries Co. Ltd.](https://endata.com/companies/19358.md)

## Sources

- [vir.com.vn](https://vir.com.vn/tti-to-invest-650-million-in-cordless-power-equipment-plant-72856.html), 2020-01-08: "TTI to invest $650 million in a cordless power equipment plant in Ho Chi Minh City Saigon High-tech Park (SHTP) – one of Vietnam’s fastest-growing R&D and technology hubs and a future Silicon Valley."

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