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Schaeffler has unveiled its new Greenfield manufacturing facility at Bien Hoa City in Dong Nai province of Vietnam, which stands on an area of 25,000sqm.

Schaeffler Expands Product Portfolio With New Manufacturing Plant In Vietnam

Schaeffler Expands Product Portfolio With New Manufacturing Plant In Vietnam

Products manufactured in the plant will be supplied to customers across a wide range of industry sectors including agriculture, construction and mining, power transmission, food processing, textile, paper, steel, cement and two-wheelers (motorcycles).

Schaeffler has unveiled its new Greenfield manufacturing facility at Bien Hoa City in Dong Nai province of Vietnam. Standing on an area of 25,000sqm, the company has invested more than 45 million euros in building this modern facility. This new plant will create 300 additional jobs in the Dong Nai province. The opening ceremony held on 9 May 2019 was officiated by H.E. Dinh Quoc Thai, Chairman, Dong Nai Province People’s Committee; Georg F.W. Schaeffler, shareholder and Chairman of Schaeffler Group; and H.E. Andreas Siegel, German Consul General.

Confidence In Vietnam’s Potential As An Efficient Production Hub

“There are many reasons for our continued commitment to Vietnam. Its strategic location in Asia, a well-diversified, stable and fast-growing economy with talented, well-educated, ambitious population are just few among them,” said Mr. Schaeffler.

He also expressed confidence that Asia Pacific will be one of the future growth engine of the economy and as part of the company’s global strategy, the new plant will be able to meet the increasing demand from customers in growing industries in the region. “We see tremendous potential to apply our broad technological know-hows in the emerging markets,” added Mr. Schaeffler.

Helmut Bode, CEO Schaeffler Asia Pacific, said this is the second major investment by Schaeffler to expand local manufacturing capacity in Asia Pacific. The first plant is in Thailand for automotive products, which was opened in 2016. “We continue to grow our engineering competency and production footprint with the aim to deliver highest value from our products and solutions to customers in the region and around the world. Today we are proud to celebrate the opening of this state-of-the-art facility for industrial products in Vietnam,” commented Mr Bode.

Industry 4.0 To Optimise Manufacturing Process

Equipped with advanced production machinery and technologies, the new plant is the first in Southeast Asia to apply the latest Industry 4.0 solutions developed by the company. The plant features the use of SmartCheck – a condition monitoring device or smart sensor, and there are 70 of such devices installed at key positions in the plant. These devices monitors condition of machines and detects rolling bearing damage, imbalances and misalignments, hence reducing downtime and maximising machine lifetime.

Furthermore, the manufacturing facility is the first in Asia Pacific to focus solely on industrial applications. With the growth of the global industrial business and given its wide range of applications, Schaeffler is taking this opportunity to expand its local product portfolio. The plant will not only increase production capacity of existing product ranges of industrial bearings and components such as the Tapered Roller Bearings (TRB) and Radial Insert Ball Bearings (RIBB).

New product lines including an extended range of RIBB and the company’s flagship product – the Needle Roller Bearings (NRB) will be added as well. Products manufactured in Vietnam will be distributed globally, across various industrial sectors including, agriculture, food processing, power transmission and two-wheelers (motorcycles).

“The expansion of local manufacturing capacity demonstrates our confidence in Vietnam as an ideal production hub in the Asia Pacific region to serve regional and global customers with best-in-class bearing products and systems,” said Martin Schreiber, President Industrial at Schaeffler Asia Pacific during the ceremony.

 

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