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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.
XP Power is acquiring Glassman High Voltage for £31.8 million in cash, funded by extending its credit facility, to expand its high-voltage and high-power product portfolio.