# Panasonic to build new factory building in Vietnam for wiring devices and circuit breakers

Panasonic Life Solutions Vietnam Co., Ltd. will construct a new building on its existing factory premises in Binh Duong province, Vietnam, to produce wiring devices and circuit breakers. The investment is approximately 1.3 billion yen, and production is scheduled to start in April 2023.

- Type: Expansion
- Announced: 2022-02-28
- Where: Binh Duong province, Vietnam
- Value: $11.3M (1.30B JPY)
- Starts operating: Apr 2023
- Status: announced
- Capacity: 150 million wiring devices per year by 2029
- Products: wiring devices, circuit breakers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Panasonic](https://endata.com/companies/1026.md)
- [Panasonic Life Solutions Vietnam](https://endata.com/companies/5653.md)

## Sources

- [news.panasonic.com](https://news.panasonic.com/global/press/en220228-3), 2022-02-28: "The new factory is scheduled to start production in spring 2023 to respond to brisk demand in Vietnam"

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