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Panasonic Electric Works Vietnam began full-scale operations on January 23, 2024 at a new production building for wiring devices and circuit breakers in Binh Duong. The company expects production capacity to reach about 1.8 times its 2022 level.
Singaporean XP Power expanded transformer manufacturing capacity with an adjacent 25,500 sqm Phase 2 factory in Binh Duong, Vietnam. Reecons was contracted as design-and-build contractor for the MEP package, with 8 months of MEP installation.
Panasonic Eco Solutions Vietnam broke ground on an additional factory building in Binh Duong Province, costing about 1 billion yen. The expansion aims to double wiring device and circuit breaker capacity by FY2020.