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Nam Tai Electronics Completes New Factory Premises
October 21, 2002 |Estimated reading time: 1 minute
Vancouver, British Columbia -- Nam Tai Electronics Inc. has completed construction work of its new factory premises.
The newly constructed five-story factory premises were handed over to Nam Tai by the construction company with the government approval completion certificate.
The new factory premises add approximately 138,000 ft2 of production facilities to Nam Tai representing an increase of approximately 28 percent of manufacturing capacity. Together with the existing manufacturing capacity of approximately 488,000 ft2, Nam Tai's manufacturing capacity, all based in China, is increased to approximately 626,000 ft2.The new factory premises have two floors of class 1,000 clean room facilities, one floor for assembling facilities, one floor for office and the ground floor for warehouse. Currently, Nam Tai has only one floor of class 10,000 clean room facilities at its existing factory premises. The new facilities will further strengthen the production capability of Nam Tai to produce more high end products. The added clean room facilities will be used for Nam Tai's new business of manufacturing of RF modules and to expand its existing business of manufacturing LCD modules.
Nam Tai is installing new production equipment into the new factory premises and estimates $20 million will be expended as capital investment within the next six months. The new production lines are expected to be operational in March 2003. Nam Tai is confident that with the new production facilities it should be able to further diversify its lines of business and to explore different business opportunities.
Nam Tai Electronics Inc. is an electronics design and manufacturing service provider to some of the world's leading original equipment manufacturers. For more information, visit www.namtai.com.