Tesa opens new site in Vietnam
Tesa officially has opened its new site in the Vietnamese port city of Haiphong. The new site is part of the comany’s strategic orientation to regionalize production.
The new site in Haiphong is approximately 70,000 square meters in size and has a production capacity of around 40 million square meters of adhesive tape per year, perfectly complementing the existing production site in Suzhou, China which opened in 2005. The additional production capacity will primarily serve the fast-growing Asian market, especially in the automotive and electronics industries.
investment of approx. 55 million EUR
In the first phase, about 130 employees will work at the Haiphong site, offering employment opportunities to the local community, especially in the fields of engineering and production, supporting the local economy. “The investment of approx. 55 million EUR in our new site in Haiphong is an important milestone in our strategy to regionalize production and optimize our supply chains,” said Dr. Norman Goldberg, CEO of tesa.
