The official founding ceremony of the new subsidiary, "Ziehl-Abegg Vietnam," took place on July 11 in Ho Chi Minh City. A new facility is being built near Ho Chi Minh City with an investment of approximately 25 million euros. Due to the 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.
The production site covers a total area of 14,000 square meters, with 12,900 square meters allocated for production and 1,100 square meters for administrative purposes. This expansion follows recent investments in expanding production capacities in Poland and the United States, as well as continuous investments in Germany.
"To meet the increasing customer demands, we need to expand our production facilities worldwide and establish new ones to get closer to our customers," says Joachim Ley, Production Director of Ziehl-Abegg. "The new facility in Vietnam is particularly important for the markets in Asia and Australia; it helps us continue to offer our customers the best possible solutions."
About Ziehl-Abegg
Ziehl-Abegg (Künzelsau, Germany) is one of the leading global companies in the field of ventilation, control and drive technology. In the 1950s, Ziehl-Abegg established the basis for modern fan drives: external rotor motors which even today are still seen as state-of-the-art worldwide. Another area of business is electric motors which provide the power, for example, for elevators, medical applications (computer tomography equipment) or deep-sea underwater vehicles.
The high-tech company has an impressive innovative capability. Ziehl-Abegg employs 2,800 personnel in its production plants in southern Germany. The company has a global workforce of 5,100 spread between 15 production plants, 30 companies and 117 sales locations. The products, approx. 30,000 in all, are sold in more than 100 countries. Turnover totals 873 million euros.
Emil Ziehl founded the company in Berlin in 1910 as a manufacturer of electric motors. After World War II the company’s headquarters were relocated to southern Germany. Ziehl-Abegg SE is not a listed company but instead is family-owned.
For more information go to www.ziehl-abegg.com
