KSTAR building first Vietnam plant in overseas expansion

KSTAR

PR95901

 

SHENZHEN, China, May 10, 2022 /PRNewswire=KYODO JBN/ --

 

KSTAR, the global power conversion expert, today announced that its first

Vietnam manufacturing factory, called KSTAR Vietnam Project Phase I has

officially topped out.

 

Occupying an area of 47,715 square meters, KSTAR's new Manufacturing-Base is

located in Haiphong City, the biggest port city in Northern Vietnam. It's being

built to meet the surging demand of its export orders and to support its strong

growth in the global market.  

 

This facility has a two-phase construction plan with a total investment of over

USD 22 million. The first phase of the project will be completed in June. New

equipment could be installed and production started by the end of this year.

Construction for the second phase is expected to begin in 2024.

 

"The first phase of the plant is expected to produce 10,000 units of UPS, 1,000

units of modular data centers and 1GW solar inverters per year. This would be

the first time we used factories in Vietnam to enhance delivering service and

meet customer's desire for more diverse production bases," said Mr. Wang, the

project leader of KSTAR.

 

Once completed, 200 jobs will be available, generating important social and

economic benefits during the epidemic. Besides, the new plant is expected to

follow the company's policies of environmental protection.

 

"We are already leading the way in green manufacturing. Kstar is one of the 13

Chinese companies from the product manufacturing industry to be featured in the

Corporate Net Zero Pathway report released by the UN Global Compact. This is

the world's first report issued by UN agencies to guide and honor corporates'

efforts to achieve carbon neutrality," added by Mr. Wang.

 

KSTAR is widely known as the world's leading UPS maker. According to the

company's early statement, the shipment of the company ranked number five in

the global UPS market in 2021, moving one place up from 2019. The new plant

will not only boost the production capacity but also assist in KSTAR's global

expansion.

 

About KSTAR

 

Founded in 1993, Shenzhen KSTAR Science And Technology Co Ltd is a global

leader in the R&D and manufacture of UPS, PV inverter and ESS solutions.

Headquartered in China, KSTAR has nearly 3,000 employees, with business in more

than 150 countries, and 6 manufacturing and assembly facilities.

 

For more information:

Email: sales@kstar.com

 

Related Links

https://www.kstar.com/

 

Source: KSTAR

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