Schaeffler Opens New Plant in Vietnam

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300 new jobs created / First section opened with an area of 25,000 square meters / State-of-the-art plant supplies customers in Asia and around the world

Schaeffler celebrated the opening of its new plant in Bien Hoa, Vietnam. The automotive and industrial supplier invested over 45 million euros in the construction of this new production plant. The company will create around 300 new jobs here by the end of the year. High-ranking representatives from politics and business as well as customers and partners participated in the ceremony to mark the plant’s inauguration. Georg F. W. Schaeffler, shareholder and Chairman of the Supervisory Board of Schaeffler AG, said in his opening speech: “Vietnam was Schaeffler’s first manufacturing location in Southeast... ... More: Official Press Release Schaeffler

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Schaeffler, plant, Vietnam, Asia, region, market, proctivity, jobs, potential