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Edwards opens state-of-the-art fab in Korea

Posted: 31 May 2011 ?? ?Print Version ?Bookmark and Share

Keywords:manufacturing facility? Korean market? vacuum pumps?

Edwards Ltd has announced the opening of its new state-of-the-art manufacturing facility in Cheonan, Korea. This move by Edwards is to enhance its customer base in Korea, as well as its other global customers.

The U.K. Business Secretary, Vince Cable, together with Edwards CEO, Matthew Taylor, officially opened the facility in the presence of the Governor of Chungchungnam-do; the Mayor of Cheonan; and British Ambassador, HE Martin Uden.

"We are delighted that the Business Secretary Vince Cable has been here to open our new world class facility in Cheonan. This is a proud occasion for Edwards, which has a long and successful history in Korea and a strong customer base both here and across Asia," said Taylor.

Edwards has invested approximately $100 million in its advanced manufacturing site. The site is not only a factory but also a technical center, allowing more local technical applications support for customers as well as development of product derivatives and the rapid introduction of new products. The facility will be an important hub for the company's growing range of high-quality dry vacuum pumps and systems for the most demanding of processes in the semiconductor, LCD, solar, LED and flat panel display markets and it boasts the latest manufacturing equipment to assure product quality, together with lean manufacturing techniques to reduce production times and a range of sophisticated energy saving features.

The new facility, which will have a manufacturing capacity in excess of 25,000 units per year, will employ 300 staff initially, growing to 400 by 2012. Edwards expects total employee numbers in Korea to be up to 700 in 2012.

The Korean factory brings Edwards' total number of manufacturing sites around the world to seven, including sites in the U.K., Czech Republic and Japan. In addition, the company has 15 service centers worldwide.

Edwards has been present in Asia for more than 40 years, and in Korea for 27 years. Nearly 60 percent of the group's revenue derives from customers located in Asia.

According to Sung-Min Lee, president of Edwards Korea, "We are tremendously proud to be opening our new Cheonan site. Although Edwards has been in Korea for 27 years, this is a momentous occasion for the company and cements our position as an important business partner for Korea as well as a strong part of the local community. We welcome all our new employees and look forward to recruiting the next generation of engineers who will help us remain leaders in the production of high quality vacuum pumps."

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