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Oaks’ manufacturing base set up in Thailand
- Details
- Category: Ningbo News
- Published: Tuesday, 27 August 2019 05:38
On the morning of August 24, oaks’ manufacturing base in Rayong industrial park in Thailand was completed and ready for production in January 2020. By then, 1.1 million sets of smart air conditioners will be produced in the smart factory of 100,000 square meters every year. After the completion of the second phase, the annual capacity of the base with a total investment of 1.5 billion yuan will reach 3 million sets.
After the Brazilian and Indonesian factories, Oaks chose to establish its third overseas production base in Thailand，not only because of its market resources and ability to expand into Europe and the Americas, but also because of its potential to move up the global value chain.
