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Panasonic reopened its upgraded and expanded heat pump factory in Pilsen, raising capacity by 250% to 140,000 m² and producing up to 1.4 million units per year from 2030. Panasonic says it invested €20 million in the expansion and refurbishment.
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.
Panasonic will invest about EUR 145 million through 2026 at its Plzen, Czech Republic plant to expand air-to-water heat pump production. It aims to raise annual capacity to 500,000 units by the fiscal year ending March 2026.
Panasonic Life Solutions India will build a factory in Sri City, Andhra Pradesh, to produce wiring devices, electrical wire and switchgear, with an investment of 2,946 million rupees. Production is scheduled to start in autumn 2021.
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.
