Denmark-headquartered GPV International A/S has announced it will soon build a new mechanics factory in Bangkok, Thailand, where it currently has a facility. Particularly, GPV has already signed the contract for the establishment of the new building.
Accordingly, GPV, an electronics manufacturing service (EMS) provider, is planning for a groundbreaking ceremony for the soon-to-rise building later this month. It has tapped RITTA Company Limited, which also built its factory in Thailand in 2013, as its contractor, while COWI A/S will serve as consulting engineers.
Bo Lybæk, CEO at GPV said the signed contract to build the building marks important milestone in expanding its presence in Thailand. In addition, the rise of the new building will also pave the way for the refurbishments of the existing facilities.
“The signing of the contract to build a new mechanics factory in Thailand is the first step in expanding our footprint in Thailand. When finished with the new mechanics factory, we will refurbish our current mechanics facility and connect it to our current electronics production to be able to meet the increasing demands from our customers,” said Lybæk.
Bjorn Fiskers, Managing Director at GPV Electronics and Mechanics TH signed the contract with Nut Varnichkorn, Executive Director from contractors RITTA. Meanwhile, virtually witnessing the signing of contract from Denmark were Lybæk and Carsten Peter Johansen, Legal Counsel in GPV.
To boost its effort for a more sustainable production, GPV will install a solar cell system for electricity production at the new mechanics site.
GPV is one of the EMS companies with huge presence in Thailand and has been in the country since 1999. In fact, the company can offer customers low-to-medium volume in a cost-efficient environment, while not compromising the quality.
Currently, GPV has 7,100sq.m mechanics production and 15,000sq.m electronics production in Bangkok. Eventually, the new building will expand the mechanics production to 12,000sq.m and the electronics production 22,000sq.m. Hence, the plant is set to expand to double the current size in 2023.
Apart from the expansion in Thailand, GPV is currently building a new electronics factory in Sri Lanka. When finished with these expansions, GPV will have approx. 100,000sq.m of production under roof.
GPV is among the ten largest European-based EMS providers and delivers in-house product design & engineering, electronics manufacturing (EMS), mechanics, cable assemblies and box-build/mechatronics. Therefore, GPV said this makes them the one-stop EMS partner.