Ziehl-Abegg Expands Global Presence with New Facility in Vietnam
On July 11, Ziehl-Abegg held the official founding ceremony of its new subsidiary, Ziehl-Abegg Vietnam. A new facility is being built near Ho Chi Minh City with an investment of approximately €25 million (about US$ 27.5 million). Due to ongoing high demand from customers, construction work has already begun. Production at the new facility is scheduled to start in the first half of 2024, with full-scale production set to commence by the end of 2024.
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