# LS Electric inaugurates $25M factory in Yen Phong, Vietnam

LS Electric Group inaugurated its eighth factory worldwide in Yen Phong Industrial Park, Bac Ninh, Vietnam. The $25 million facility produces medium-voltage cabinets, low-voltage cabinets, transformers and other electrical equipment, creating about 500 jobs.

- Type: New facility
- Announced: 2022-10-26
- Where: Yen Phong Industrial Park, Bac Ninh, Vietnam
- Value: $25.0M
- Jobs: 500
- Starts operating: 26 Oct 2022
- Status: completed
- Products: medium-voltage cabinets, low-voltage cabinets, transformers, electrical equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [LS Electric](https://endata.com/companies/15629.md)
- [Viglacera](https://endata.com/companies/20790.md) (partner)

## Sources

- [viglaceraip.com](https://viglaceraip.com/ls-electric-vietnam-factory-was-inaugurated-in-yen-phong-industrial-park-expansion-phase-viglacera-bac-ninh/), 2022-11-02: "LS Electric factory in Yen Phong Industrial Park (Expansion Phase) (Viglacera), Bac Ninh province"

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