Coats, a leading industrial thread manufacturer, has unveiled the latest expansion to its global operations with the opening of a new development in Vietnam. The extension to its site in Hung Yen, near Hanoi, was formally opened by Rajiv Sharma, Group Chief Executive, at a ceremony on 21 September.
The event was attended by representatives from the long-standing joint venture in Vietnam with Phong Phu Corporation, as well as local government officials, customers, suppliers and members of the Coats Group Executive Team.
The additional capacity makes the Hung Yen site one of Coats’ largest manufacturing units. It will enable dyeing and finishing operations to be increased by over 40% and also provide additional warehouse space. The site, which is already a leader in many of the internal manufacturing performance metrics of Coats, demonstrates the company’s recognition of the growing customer base in the north of Vietnam,