31 July 2006
ANCA opens first overseas manufacturing plant
Australian precision grinding specialist ANCA has officially opened its first overseas manufacturing facility, located in the Rayong province of Thailand.
The move is in response to the company's recurring 30 per cent year-on-year annual growth rate for the past few years, which has caused ANCA to take a strategic look at the processes completed in Australia. It has chosen to invest in growing and expanding the skilled technical operations in Australia, while simultaneously producing some of the less technical assemblies overseas which will then be exported to Australia for final assembly into the completed machines.
“The facility in Thailand is currently manufacturing and exporting fully-wired electrical cabinets and canopies to Australia for the high-tech grinding machines that ANCA builds in Melbourne,” according to group general manager Linsey Siede.The announcement calls this Thai factory its first overseas manufacturing facility, hinting at more to come.
ANCA is currently exporting more than 98 per cent of production from its Melbourne facilites, having exported more than $500 million in the last 6 years, and as well as this overseas expansion says it is to invest $A4 million in its Australian factory.
Pictured left to right: ANCA director Pat Boland; the Australian Ambassador to Thailand, His Excellency Mr William Paterson; and the Deputy Secretary-General of the Thailand Board of Investment, Khun Sudjit Inthaiwong prepare to open the new ANCA factory in Thailand with the help of local assistants
Author
Andrew Allcock
This material is protected by Findlay Media copyright
See Terms and Conditions.
One-off usage is permitted but bulk copying is not.
For multiple copies contact the
sales team.
Supporting Information
Related Companies
ANCA (UK) Ltd