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Fabrinet continues expansion in south east Asia: third factory near capacity, construction commences on fourth
January 22, 2007
BANGKOK, Thailand -- Fabrinet, a leading global manufacturing services provider of complex optical components, announced that its latest factory, completed in Nov 2005, is near capacity and that a foundation-stone laying ceremony for a new factory in its Pinehurst campus manufacturing complex near Bangkok, Thailand, will occur today.
The new facility of approximately 300,000 square feet will accommodate fast-growing demand for the company’s optical components, module manufacturing and system assembly services as well as anticipated growth in capital equipment, automotive and medical markets. Scheduled for completion in late 2007, the new building will raise Fabrinet’s global manufacturing capacity to over one million square feet.
Fabrinet Co. Ltd. (NYSE:FN)
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