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Kyocera Mita builds Vietnam plant

Posted: 08 Nov 2011 ?? ?Print Version ?Bookmark and Share

Keywords:manufacturing facility? plant operations?

Kyocera Mita Corp. has held a groundbreaking ceremony for a new manufacturing facility to be constructed in VSIP Hai Phong Integrated Twonship and Industrial Park, Hai Phong City, Vietnam. The new facility will be operated by Kyocera Mita Vietnam Technology Co. Ltd, a wholly-owned company of Kyocera Mita.

The first stage of the construction, with a total floor area of approximately 66,000m2, is scheduled to be completed by the end of July 2012. Manufacturing operations are scheduled to start in October 2012, starting with approximately 1,000 employees.

By 2016, Kyocera Mita plans to increase the number of employees to roughly 7,000 and reach an annual production volume of around $1 billion.

Around 200 people including officials from the Vietnamese, Singaporean and Japanese governments attended the groundbreaking ceremony at Hai Phong City.

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Kyocera Mita representatives receive the investment license from Hai Phong municipal representatives.

The company plans to manufacture in the new plant low-end printers, MFPs and their peripherals for office use. The facility plans to ship to the global market in the future, including emerging markets where demand for document products is expected to follow economic development, as well as in developed markets where downsizing is being applied.

In order to realize stable supply and quick delivery of products, Kyocera Mita will aggressively promote local procurement of components. This new plant in Vietnam will become the second major manufacturing plant for Kyocera Mita after its plant in China. It is expected to make a substantial contribution in expanding both sales and market share of document imaging products of the company.

Katsumi Komaguchi, Kyocera Mita president, expressed his high expectations for the development of the new plant, "I hope that this new plant will become more than just a manufacturing facility of office equipment, but that we can also play an important role in the industrial development of Vietnam and Hai Phong City as a locally-based company by working together with educational institutions such as universities in and around Hai Phong and actively participating in the cultivation of human resources in Vietnam."

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