# Nippon Thompson to build new plant in Quang Ninh, Vietnam

Nippon Thompson has signed a land sublease agreement with Amata City Halong Industrial Park in Quang Ninh, Vietnam, to build a new plant. The company will invest ¥8 billion (US$53.16 million) in the 37,500 sq.m facility, with construction starting in January 2025 and production expected in 2026.

- Type: New facility
- Announced: 2024-03-21
- Where: Quang Ninh province, Vietnam, Vietnam
- Value: $53.2M (8.00B JPY)
- Starts operating: 2026
- Status: announced
- Products: crossed roller bearings, linear motion guidance systems, LM guides
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Nippon Thompson](https://endata.com/companies/19619.md)
- [IKO Thompson Vietnam](https://endata.com/companies/76350.md)

## Sources

- [aei.dempa.net](https://aei.dempa.net/archives/25073), 2024-03-21: "The new plant in Vietnam will respond to the expansion of global demand."

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