# Sanhua completes $60.8M expansion of Vietnam valve plant

Chinese component manufacturer Sanhua has completed phase 2 of a $60.8 million investment in its factory in Hai Phong, Vietnam. The 131,000 m² extension is expected to increase annual sales to $212 million.

- Type: Expansion
- Announced: 2024-09-08
- Where: Hai Phong, Vietnam
- Value: $60.8M
- Starts operating: 8 Sep 2024
- Status: completed
- Products: valves for air conditioning and refrigeration
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Sanhua Holding Group](https://endata.com/companies/3620.md)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/sanhua-expands-vietnamese-plant/), 2024-09-08: "The expansion is expected to increase sales to around US$212m per year."

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